20 JUN 2017
remarks:
1. ION closed higher to 1.82 ... up 4.60% ....
2. the macd histogram just crossed the 0 - line (macd buy signal) ... it is higher ...
3. resistance: 1.84 - 1.86 ... 1.90 ... 1.97 ... 2.00 ...
4. if i were a short term trend follower ... i could already be buying at these levels (cutloss: just below 1.60 .. for example: 1.55) ... actually ... i could have started buying ION on the 15th of JUNE when the histogram and the price are both up ...
* 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.
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