Sunday, December 18, 2016

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (18 DEC 2016)


JFC chart as of 16 DEC 2016 
(click on the chart to enlarge)

remarks:

1. JFC closed lower to 205.00 ...

2. the macd histogram is lower but still above the 0 - horizontal ... 

3. the support at 208.00 was breached ...

4. short term day traders may just want to wait in the sidelines for the meantime ... pababa pa din yun histogram and the 208.00 support was breached ... it may take sometime again to close above it .... of course it may be otherwise ...


*these notes are mine alone ... and are for sharing with short-term trend followers 

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FINANCE MANILA



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.