Sunday, May 11, 2014

just charts: TEL/Philippine Long Distance Telephone (11 may 2014)

tel chart as of 09 may 2014 
(click on the chart to enlarge)

1. the macd is higher

2. the sts > 80 (oberbot); the sts is lower 

3. resistance: 2994-3000

4. tel breached the 2906 resistance this friday with a gap up opening @2970 ... threatening to breach the 3k resistance but only reaching 2994 before finally closing @2974 ...

5. i dont have tel at the moment ... possible profit taking in the coming days ... 

click here for my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose