Thursday, June 29, 2017

if i were a short term trend follower*: EMP/EMPERADOR, INC.


EMP chart as of closing of 29 JUN 2017
(click the chart to enlarge)


as requested: 

remarks:

1. EMP closed higher to 7.60 ... up 0.53% ...

2. the macd histogram is above the 0 - line ... it is higher ... 

3. support: 7.31 ... 

4. if i were a short term trend follower and i still have EMP ... ill just hold on to EMP until my stops are hit ... then i sell ...

5. if i dont have EMP and im planning to enter EMP ... ill just wait until the macd histogram is below the 0 - line... mataas na histogram e ... or ill just look for other stocks in the meantime ...

* 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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