Friday, May 5, 2017

chart monitor: PNB/PHILIPPINE NATIONAL BANK (05 MAY 2017)

i have to apologize to my readers because for some reason ... my computer has been acting up and one of the results is that i cant capture the picture of the chart .. so for now .... yun remarks na lang muna .. until i can find out how to remedy my situation ...

remarks:

1. PNB closed higher to 68.65 ... up 7.43% ...

2. resistance: 69.00 - 70.00 ...

3. the macd histogram is higher ...

4, i still have some PNB from way, way back ... i did not sell it then ... di ko naman kelangan pa yun pera ... so just held on to it ... now its moving up ... hold pa den ako ...

5. short term trend followers ... i advise not to pursue PNB ... mataas na histogram ... the ideal position to buy it was way back early April .. noon below 0 yun macd histogram ...  around 55 pesos pa ... anyways ... look for other stocks na lang ... 

* 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.