Monday, February 1, 2016

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (01 feb 2016)


jfc chart as of noon, 01 feb 2016
(click on the chart to enlarge)

remarks: 

1. the histogram is higher (hist > 0)

2. the sts enters overbought territory (sts > 80: overbought) 

3. jfc breaches the 207.00 resistance ... to settle at 207.40 ...

4. i am entertianing two options:

- sell 1/2 of my position at/or near the 207 resistance ... 1/2 to hold til stops are hit ... or

- hold my entire position until my stops are hit 


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!


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