Sunday, July 30, 2017

chart monitor: PHES/PHILIPPINE ESTATES CORPORATION (30 JUL 2017)


PHES daily chart as of closing of 28 JUL 2017
(click the chart to enlarge)


remarks

1. PHES closed higher to 61 centavos ... up 8.93% ...

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

3. resistance: 63 centavos ...

4. im still holding ... waiting to breach the 63 cents resistance ...  


* what is a "short term trend follower"
* 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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