Sunday, October 18, 2015

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (18 oct 2015)


jfc chart as of 16 oct 2015 
(click on the chart to enlarge)

remarks: 

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

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

3. vol < 20-dma

4. psychological resistance: 210

5. jfc closed higher to 205.40 ...

6. what would i do? 

- if im planning to buy jfc, id just wait for it to go back down and buy when it starts going back up again ... it has gone up so much already without any pull back the last few days ... and has passed 205 recently ... possible more enthusiastic selling by those who entered from below 200s ... 

- if i already have a position, id just wait for my stop to be hit then i sell

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

send your comments/inquiries via email 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