Monday, June 13, 2016

chart monitor: DD/DOUBLE DRAGON PROPERTIES CORPORATION (13 JUN 2016)




dd chart as of 13 june 2016 
(click on the chart to enlarge)

remarks: 

1. dd closed lower at 58.70 ...

2. support: 58.00 ... 

3. the macd histogram turned lower today ... but still above the 0 - horizontal (no sell signal yet) ... its the reason i dont use the macd histogram as signal to sell ... kasi the price goes down so low na but still no sell signal yun macd histogram ... i just use stops ... as my sell signal ...

4. short term trend traders will just wait and see ...


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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