Friday, August 29, 2014

JFC/JOLLIBEE FOODS CORPORATION (29 aug 2014)


jfc chart as of 29 aug 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram crossed the 0-horizontal; the histogram is lower ...

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

3. support: 180; 177; 174.90-175

4. after reaching its highest point intraday @193.30 this week, jfc went on a dive to today's 180 .... with the macd histogram and the sts both giving sell signals ...

5. im just in the sidelines ... waiting until after jfc reaches its bottom ... 



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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