Sunday, September 4, 2016

chart monitor: AC/AYALA CORPORATION (04 SEPT 2016)


AC chart as of 02 SEPT 2016
(click on the chart to enlarge)

remarks: 


1. AC closed lower to 865.00 ...

2. the macd histogram is still falling ...

3. support: 860.00 ... 853.00 ...

4. if i were thinking of buying AC ... id put it on hold for now ... the price is still falling and the macd histogram is still falling ... id wait for the macd histogram to reverse course before thinking of buying AC ...

if i am still a holder of AC ... obviously im a fan ... id be in a quandary whether to hold or sell because if i were to sell ... it might be the bottom already and it might go up na ... so im pressed to hold further ... waiting for 850 ... 833 or 820 or 800 - 801 before finally selling ... well fortunately im not a fan of AC .. nor of any other stock .. and im not holding AC ... 

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.