Thursday, August 18, 2016

chart monitor: PPC/PRYCE CORPORATION (18 AUG 2016)


ppc chart as of 18 aug 2016 
(click on the chart to enlarge)

remarks: 


1. ppc closed higher to 3.93 ...  

2. the macd histogram is higher (it crossed the 0 - horizontal/buy signal) ... 

3. resistance: 4.00 - 4.07...

4. while ppc just had a macd histogram buy signal, fading may occur in the coming days ... but as long the stops loss is intact then there is no problem ... bought another batch at 3.55 today ...


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.