Tuesday, December 27, 2016

if i were a short term trend follower*: TUGS/HARBOR STAR SHIPPING SERVICES (27 DEC 2016)


TUGS chart as of 27 DEC 2016 
(click on the chart to enlarge)

remarks:

1. TUGS breaches the 2.50 resistance to close higher to 2.67 after hitting 2.85 intraday ...

2. support: the previous resistance at 2.50 ...

3. the macd histogram is higher ...

4. if i were a short term trend follower, id just watch and see if my stops are hit .... (and if they are hit) then ill sell ... otherwise .. id just ride the trade ...

5. for my last post on TUGS ... click the following link:

chart monitor: TUGS/Harbor Star Shipping Services (11 DEC 2016)


* what is a "short term trend follower?"


* these notes are good only for the next trading day ... and NOT for the subsequent trading days ...

* 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.