Tuesday, September 16, 2014

DNL/D&L INDUSTRIES, INC. (16 sept 2014)

dnl chart as of 16 sept 2014 
(click on the chart to enlarge)


1. the macd histogram is higher ...

2. the sts is higher ... overbought zone (sts > 80)

3. psychological resistance: 13.00

4. dnl breaches the 12.70 resistance to close at its new 52-week closing high @12.90 ... possible profit taking by short term traders in the coming days as the 13 pesos psych resistance is just a skip away ...

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