Sunday, January 29, 2017

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (29 JAN 2017)


JFC chart as of 27 JAN 2017 
(click on the chart to enlarge)

remarks:

1. JFC closed higher to 208.00 ...

2. the macd histogram is still below the 0 - horizontal but it is higher ... 

3. support: 200.00 - 202.20

4. resistance: 209.80 - 210.00

5. if i were a short term trend follower* ... and i intend to buy JFC ... i may buy now 1/3 of my allocation for JFC .... and buy some more if JFC goes up past 210 ... ill cutloss if it goes lower than 200.00 


* 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

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.