DD chart as of 29 DEC 2016
(click on the chart to enlarge)
remarks:
1. DD closed higher to 38.40 ...
2. the macd histogram is higher ...
3. resistance: 39.75 - 40.00 ...
4. if i were a short term trend follower, and i still dont have DD ... id just watch on the sidelines or buy another stock ... the macd histogram is high na for my taste ...
5. if i were a short term trend follower, and i have DD ... id just watch and wait until my stops are hit (and then sell) ....
* 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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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.
