Saturday, June 28, 2014

PERC/PETROENERGY RESOURCES CORP (28 jun 2014)


perc chart as of 27 jun 2014 
(click on the chart to enlarge)

remarks: 

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

2. the sts crossed the 80-horizontal; the sts is lower

3. resistance:  7.11 ...

4. perc has been going up for more than a month now .. closing yesterday @ its highest close @7 pesos ... the last time perc closed @7 pesos was on 23 july last year ...

5. i still have no idea whats driving perc now .. or whether it will continue up and breach the 7.11 resistance it established just last wednesday ... but im just holding on ... adjusting my trailing stops ... also thinking of possibly buying some more if it stays above 7 pesos in the coming days ...

6. caveat: illiquid ...


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