Tuesday, September 9, 2014

CYBR/CYBER BAY CORPORATION (09 sept 2014)


cybr chart as of 08 sept 2014 
(click on the chart to enlarge)

per rainman-san's request (of finance manila stock market forum)

remarks: 

1. the macd histogram is higher ... 

2. the sts is in the trading zone (20 < sts < 80); the sts is lower ...

3. resistances: .66; .69; .75

4. not exactly my ideal place to enter a stock at the moment ... as both the macd histogram and the sts already gave buy signals the past week and it is already near the midpoint between the recent bottom @.55 and the next resistance @.66 (besides the psych resistance @.60) ...

5. however, if im in the gambling mood ... i may still risk entering if cybr closes above .60 ... taking 1/3 of my cybr budget and see what happens ... adding only if it continues to go up until my entire cybr allocation is used up ... and selling if my cut loss/trailing stop is hit ...



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