Saturday, June 24, 2017

chart monitor: SMPH/SM PRIME HOLDINGS, INC.



SMPH chart as of closing of 23 JUN 2017
(click the chart to enlarge)


remarks:

1. SMPH closed lower to 33.20 ... down 2.50% ...

2. the macd histogram is below the 0 - line ... it is lower ...

3. support: 32.95 ... 

4. i bot a bit of SMPH ... the macd histogram and price are still down .. but im experimenting with the price action of the bottom wick if it is an indication of a turn for the better ... kung hindi .. e di sell if it goes further down 32.95 ...

* 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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