Saturday, April 8, 2017

chart monitor: 2GO/2GO GROUP, INC. (08 APR 2017)


2GO chart as of 07 APR 2017
(click on the chart to enlarge)

remarks:

1. 2GO closed lower to 11.50 ... down 4.49% ... 

2. support: 11.20 ... 

3. the macd histogram is lower ...

4. i sold on the first day of the run-up (TRANSACTIONS (03 APR 2017)) ... did not look bak .. i just tot na ubos na lakas nito since wala naman fundamental na nangyari to change the outlook of 2GO .. change of minority owners lang naman e ...... chamba lang at bumaba na ito the next day ... 

5. "short term trend followers" should have sold even on the next day since their stops should have been triggered na for the sell signal ...  

6. for my previous 2GO posting click here: chart monitor:  2GO/2GO GROUP, INC. (27 MAR 2017)

* 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