Saturday, December 3, 2016

chart monitor: PPC/PRYCE CORPORATION (03 DEC 2016)



PPC chart as of 02 DEC 2016 
(click on the chart to enlarge)

remarks:

1. PPC closed unchanged at 4.95 after hitting 5.20 intraday ...

2. the macd histogram is lower for the third day ... 

3. resistance: 5.20 ...

4. im watching PPC closely... if my stops are hit .. im thinking of finally exiting my position (yep ... thinking ... hindi automatic sell ... i still may opt to hold my position despite my stops being hit) .... pababa na kasi so far yun macd ... and PPC has been unsuccessful in mounting an assault on the 5 peso level and closing above it for the past week despite hitting ever higher prices intraday .. 


for more philippine stock market views and information please check:

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.