Monday, July 3, 2017

chart monitor: MAC/MACROASIA CORPORATION (03 JUL 2017)


MAC chart as of closing of 03 JUL 2017
(click the chart to enlarge)


remarks:

1. MAC closed higher to 7.30 ... up 2.82% ...

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

3. resistance: 7.45 ...

4. i added a few more MACs today ... im just holding on ... and then sell when my stops are hit ...

if im a short term trend follower and i would like to buy MAC ... id wait na lang muna for the histogram to hit below the 0 - line ...

* 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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