Saturday, July 23, 2016
chart monitor: JFC/JOLLIBEE FOODS CORPORATION (23 JULY 2016)
jfc chart as of 22 july 2016
(click on the chart to enlarge)
1. jfc closed higher to 255 pesos .... after hitting 257.80 intraday ...
2. the macd histogram is higher ...
3. resistance: 257.80 ..
4. ive been waiting for my reentry into jfc to happen but so far it has been going up ... as ive mentioned in the finance manila forum ... im waiting for the macd histogram to fall below the 0 - horizontal and for it to start turning up .. thats my ideal entry setup ... so ... as of the moment .. im just in the sidelines of jfc waiting patiently ... while looking for other stocks to buy ...
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.