these are my Philippine Stock Exchange/PSE trading notes ... by no means are these to be taken by the reader as recommendations to buy or sell ... blog contents are valid only up to the date of publication ... the views found herein are subject to change without prior notice ... dont hold and hope! but definitely follow the trend! ... i also occasionally blog about camfrog and repost articles on cats ...
Wednesday, June 7, 2017
stok tots: its the histogram that is important (07 JUN 2017)
question:
Sir Shoyu, I observed that MAXS MACD is rising along with the price in the past few days but MACD is still below 0.
Worth the shot to hold short to medium term?
my response:
the macd is still below 0 ... but the macd HISTOGRAM is already way above it ...
more than the macd .. im using primarily the histogram in my system
stocks move in cycles .. so i just use one cycle as my timeframe .. whether it is short or medium or long term .. it matters not to me .. (altho i hold in some cases some stocks for the long term .. but these are more exceptions to the rule)