Saturday, May 24, 2014

UBP/UNION BANK OF THE PHILIPPINES (24 may 2014)


ubp chart as of 23 may 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is < 0; is lower

2. 20 < sts < 80; is lower

3. support: 125.40 - 125.50

4. ubp is hovering just above its support ... anything is possible ... it might turn bak up or continue on its slide down ... i dont think there is a need to take risks .. better just monitor for the meantime ...


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 citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose