MAC chart as of closing of 12 JUL 2017
(click the chart to enlarge)
remarks:
1. MAC closed higher to 8.70 ... up 2.35%
2. the macd histogram is above the 0 - line ... it is lower ...
3. resistance: 8.85 ... 9.00 ... 9.50
4. hold lang ako ...
5. if i were a short term trend follower and i dont have MAC yet ... it will be a gamble if i will still buy MAC now ... id better just look for other stocks with histograms 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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