chart monitor: JFC/JOLLIBEE FOODS CORPORATION (08 APR 2017)

JFC chart as of 07 APR 2017

(click on the chart to enlarge)

remarks:

1. JFC closed higher to 210.40 ... up 5.20% ... 

2. resistance: 220 na yata e ... 

3. the macd histogram is higher ...

4. i did not sell my trading JFC before kahit na bumaba sya to below 200 .. i just know na tataas ulit ito above 200 .. i know it is against my rules to "cut" when my stops are hit .. but .. what if i set my trailing stop at 150? which i really hoped would not be hit ... now here we are again ... above 200 .. and posing to breach 220 again ...   

5. for previous JFC posting click here: question and answer: JFC, DNL and MPI (04 APR 2017)

* 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

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!

click here for an explanation of the indicators ...  

click here for my trading rules

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.