Sunday, May 7, 2017

if i were a short term trend follower*: 2GO/2GO GROUP, INC. (07 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. 2GO closed lower to 16.20 ... down 1.58% ...

2. resistance: 18.60 ...

3. the macd histogram is higher ...

4. short term trend followers should have taken the opportunity to sell 2GO as it surged to 18.60 ... advancing their stops to as high as 18.50 and to as low as 18.00 ...

* 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.