Tuesday, June 16, 2015

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (16 jun 2015)



jfc chart as of 15 jun 2015 
(click on the chart to enlarge)

remarks: 

1. the histogram is higher (hist < 0) ...

2. the sts is lower (sts < 20: oversold) ...

3. vol > 20-dma

4. jfc closed lower to 195 ... down 0.26% ... its been trading just above its current low @194 the past week ... traders still undecided whether to bring it down further to lower levels or to end its current plunge and bring it up above 200 again ...

5. if im to trade jfc .. im thinking of these options:
- wait until the sts starts inching up towards the 20 levels before thinking of initiating a small position or ..
- buy a small portion of my jfc position now and just add when the price goes up (of course ill close the position if/when my cut loss point is hit) ...

send your comments/inquiries to: shingen_takeda00@yahoo.com


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