Saturday, September 17, 2016
chart monitor: MED/MEDCO HOLDINGS, INC (17 SEPT 2016)
MED chart as of 16 SEPT 2016
(click on the chart to enlarge)
1. MED closed higher to 1.00 ...
2. the macd histogram is lower ... it crossed the 0 - horizontal (macd 12,26,9: sell signal) ...
3. wala pa action dito (for short term trend followers that is) ... the macd histogram just crossed the 0 - horizontal (macd 12,26,9: sell signal) ... so we wait muna until the macd histogram is rising again ...
STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKEogram ... 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.