15 JUN 2017
remarks:
1. MER closed higher to 261.80 ... up 1.55% from yesterday
2. resistance: 262 ... 263.20 ...
3. the macd histogram is below the 0 - line ... it is lower ...
4.
if i were a short term trend follower ... id wait for the macd histogram to turn up first before thinking of entering ...
5. i added a few more MERs today ... i did not wait anymore for the histogram to turn up since it is not a new position ... i am just adding to an old position which i did not sell because i bot MER for the divs .. not for price appreciation for this particular position ...
* 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.
_______________________________________________________________
17 MAY 2017
remarks:
1. MER closed higher to 279.00 ...
2. resistance: 280.00 ...
3. the macd histogram just crossed the 0 - horizontal (macd buy signal) ... it is higher ...
* 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!
