Saturday, June 21, 2014

JFC/JOLLIBEE FOODS CORPORATION (21 jun 2014)



jfc chart as of 20 jun 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is < 0; the histogram is higher

2. the sts < 20 (oversold); the sts is higher 

3. jfc may have possibly bottomed @173 last thursday .... jfc reaching an intraday high of 179 on friday before closing @176 (altho i was thinking it was preparing to close lower before the magicians showed up to buy it up to 176 just minutes before the close ...

4. possible reentry position to be taken this coming days/week if prices continue to improve ...


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