Monday, August 8, 2016

chart monitor: UBP/UNION BANK OF THE PHILIPPINES (08 AUG 2016)


ubp chart as of 08 aug 2016 
(click on the chart to enlarge)

remarks: 


1. ubp closed higher to 73.80 ...  

2. the macd histogram is lower ... 

3. resistance is at 73.90 ...

4. possible kaya na bumaba na ito in the coming days? (yun macd histogram is on the decline for several sessions na) ....

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.