Thursday, August 11, 2016
chart monitor: BDO/BDO UNIBANK, INC. (11 AUG 2016)
bdo chart as of 10 aug 2016
(click on the chart to enlarge)
1. bdo closed higher to 119.50 ... a 52-week high ...
2. resistance: 120.00; 120.30; 124.40
3. the macd histogram (12, 26, 9) crosses the 0 - horizontal (macd buy signal) ... it is higher ...
3. the last 30 minutes or so was quite suspicious to me .... bdo might face fading in the coming days ...
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.