Saturday, October 29, 2016

chart monitor: BEL/BELLE CORPORATION (29 OCT 2016)


BEL chart as of 28 OCT 2016 
(click on the chart to enlarge)

remarks: 


1. BEL closed higher to 2.92 ...

2. the macd histogram is lower ...

3. support: 2.80 ... resistance: 3.00 ...

4. watching for any movement ... if there is any positive effect on BEL by the recent announcement of All-Asia Resources of a shareholders agreement with Belle Corp. for a new airport in Cavite ..


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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.