Monday, June 12, 2017

if i were a short term trend follower*: DNL/D&L INDUSTRIES, INC. (12 JUN 2017)


sorry ... due to some glitch i cant explain .. i cant show you my charts ...

as requested: 

remarks:

1. DNL closed higher to 12.30 ... up 0.49% ...

2. resistance: 12.36 ... 12.46 ... 12.50

3. the macd histogram is below the 0 - line .. it is higher ...

4. if were a short term trend follower* and i have no DNL ... i may buy at these levels ... mababa yun cutloss .. below 12.00 (ex. 11.90) 

5. if im a short term trend follower and i still have DNL ... medyo bobo ako (hehe) .. i should have sold a long time ago and i should be buying just now (again ... cutloss is around 11.90) ...

warning: mabagal ito lately ... 


* 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.