Tuesday, May 31, 2016
chart monitor: SECB/SECURITY BANK CORPORATION (31 MAY 2016)
secb chart as of 31 may 2016
(click on the chart to enlarge)
1. secb closed at 203 ... its highest close ever as far as i can remember ... and with the highest value ... mainly due to buying as a result of its inclusion into the msci ph index ...
2. support: 201.00
3. possible fading to happen tomorrow ... short term buyers may be selling their gains ... short term trend followers will just see what happens and act .... (sell if their stops are hit) ..
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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