chart monitor: MRC/MRC ALLIED INCORPORATED (25 APR 2017)

MRC chart as of 25 APR 2017

(click on the chart to enlarge)

remarks:

1. MRC closed lower to 39.5 centavos ... down 9.20% ... 

2. resistance: 48.0 centavos ... 

3. the macd histogram is lower ..

4. short term trend followers* should have taken profits na with their stops ... and just buy bak again when the proper macd histogram position comes ....

5. for my previous MRC posting click here:  chart monitor: MRC/MRC ALLIED INCORPORATED (24 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

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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!

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.