Thursday, August 4, 2016
chart monitor: JFC/JOLLIBEE FOODS CORPORATION (04 AUG 2016)
jfc chart as of 04 aug 2016
(click on the chart to enlarge)
1. jfc closes higher to 260.00 ... its highest ever! ..
2. the macd histogram is higher ... yet it is still below the 0 - horizontal ...
3. the macd histogram may be hinting that a breakout of the 260.00 resistance is in the offing ... we will see if this happens tomoro ... altho im still wishing that it still goes down (potah ... hindi kasi ako nakasakay para sa trading account ko ... )
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.