Wednesday, July 12, 2017

chart monitor: H2O/PHILIPPINE H2O VENTURES CORP (12 JUL 2017)


H2O chart as of closing of 12 JUL 2017
(click the chart to enlarge)

remarks:

1. H2O closed higher to 7.19 ... up 3.60%

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

3. resistance: 7.40 ... 

4. if i were a short term trend follower ... i may buy H2O at these levels ... but since the last sale is highly suspect ... im inclined to wait first before buying H2O ... the may be profit taking first before it further advances ...

* 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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