Saturday, July 2, 2016
chart monitor: JFC/JOLLIBEE FOODS CORPORATION (02 JULY 2016)
jfc chart as of 01 july 2016
(click on the chart to enlarge)
1. jfc closed higher at 245.20 (its highest close ever) ...
2. the macd histogram is higher ...
3. resistance: 249.40 -250.00
4. short term trend followers who have jfc will just hold it until their stops are hit ... those that dont will just wait until the next cycle begins ...
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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