Saturday, March 25, 2017

if i were a short term trend follower*: ALCO/ARTHALAND CORPORATION (25 MAR 2017)



ALCO chart as of 24 MAR 2017 
(click on the chart to enlarge)

remarks:

1. ALCO closed lower to 1.30 ... down 1.52% ...

2. support: 1.27 ...

3. the macd histogram is still below the 0 - horizontal ... it is lower ...

4. if i were a short term trend follower* ... ill wait muna ... until the macd histogram is rising na .. then maybe ill buy ...


* 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.