SSP chart as of closing of 10 JUL 2017
(click the chart to enlarge)
remarks:
1. SSP closed higher to 2.74 ... up 14.64%
2. the macd histogram is still below the 0 - line ... but it is higher ...
3. resistance: 2.78 ...
4. if i were a short term trend follower ... i may buy na at these levels ... but caution lang kasi malakas yun price action kanina ... it may succumb to profit taking in the coming days ... so ill have watch out for pullbacks ... then i may buy SSP ... or the positive price action may continue in the coming days so in that case i have to enter na or else mahuhuli na ako ... cutloss just below 2.40: example ... 2.35 or just below 2.28: ex. 2.25 ...
* 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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