Thursday, June 30, 2016
chart monitor: FDC/FILINVEST DEVELOPMENT CORPORATION (30 JUNE 2016)
fdc chart as of 30 june 2016
(click on the chart to enlarge)
1. fdc closed higher at 6.60 (a 52-week high)...
2. resistance: 6.74 (may 22, 2013) ...
3. the macd histogram is still below the 0 - horizontal ... but it is inching up ...
4. it is possible that traders will fade fdc in the coming days ... but im not selling yet ...
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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