Thursday, June 1, 2017

chart monitor: EW/EAST-WEST BANKING CORPORATION (01 JUN 2017)


remarks:


1. EW closed higher to 26.90 ... up 4.67% ...

2. resistance: 27.00 ...

3. the macd histogram is higher ... 

4. another tough resistance maybe be expected sa 27 ... altho im still holding ... adjusting my stops ...


* 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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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.