Monday, October 17, 2016
chart monitor: LFM/LIBERTY FLOUR MILLS, INC. (17 OCT 2016)
LFM chart as of 17 Oct 2016
(click on the chart to enlarge)
1. LFM closed higher to 79.80 (up 30.82%) on a higher than usual volume ...
2. the macd histogram is higher ...
3. resistance: 80.00
4. i still have a miniscule amount of LFM from an oddlot i had when it gave a huge stock dividend last year ... just wondering what keeps it going up since then ... hindi naman impressive ang first half 2016 income nya ... unless meron ginagawa sa ibang assets nya (i understand from an FM friend that it has some real property aside from its regular flour milling business) ... will keep on monitoring this ...
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.