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 ...

* 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.