BEL chart as of 07 MAR 2017
(click on the chart to enlarge)
remarks:
1. BEL closed higher to 3.85 ... up 3.77%
2. resistance: 3.92 ... 4.00 ...
3. the macd histogram is higher ...
4. just adjusting my trailing stops ... for stops ... it can be just below the low of today (3.68) ... or just below the high of yesterday (3.79) ... or what have you ...
* 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.
