EW chart as of closing of 10 JUL 2017
(click the chart to enlarge)
remarks:
1. EW closed lower to 30.95 ... down 3.28%
2. the macd histogram is above the 0 - line ... but it is lower ...
3. support: 30.70 ...
4. if i were a short term trend follower ... ill sell na if my stop is hit ... EW has been down 9.4% from its top ... im sure madami na nagsell nun ... pero im still holding .. di pa na hit stop ko ... im still waiting ...
* 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.
------------------------------------------------------------------------------------------
