Saturday, July 15, 2017

chart monitor: PMPC/PANASONIC MANUFACTURING PHILIPPINES CORP. (15 JUL 2017)


PMPC chart as of closing of 14 JUL 2017
(click the chart to enlarge)

remarks:

1. PMPC closed higher to 8.36 ... up 17.75%

2. the macd histogram just breached the 0 - line (macd buy signal) ... it is higher ...

3. resistance: 9.20 ...

4. i sold konti ... rebalancing of funds ... pero majority hold pa den lang ako ... seems maganda reception sa annual report na kahapon lang nilabas (although it was part of the information sheet given last may for the 16 june 2017 stockholders meeting ... iba talaga pag ngayon lang nalaman ng madlang people ang info hahaha ... almost two months after publication ... of course nag buy na ako nun may pa ... i reentered at around 6 pesoses after selling at 7.30 during the cash div ... nice no? hahaha) ...

5. prices may fall in the coming days ... profit taking e ... but ill just hold pa den ...

* 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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