Saturday, February 18, 2017

chart monitor: PMPC/PANASONIC MANUFACTURING PHILIPPINES CORP. (18 FEB 2017)


PMPC chart as of 18 FEB 2017 
(click on the chart to enlarge)

remarks:

1. PMPC closed higher to 6.98 ... up 21.39%

2. resistance: 7.38 ...

3. the macd histogram is higher ... 

4. was not expecting this run up ... have been buying this one the past week ... i sold a little at the close ....hopefully this monday it will still climb ... or else ill sell ... 52-week high on a friday ...

* 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.