Thursday, July 13, 2017

if i were a short term trend follower*: SM/SM INVESTMENTS CORP (13 JUL 2017)


SM chart as of closing of 13 JUL 2017
(click the chart to enlarge)

remarks:

1. SM closed higher to 791.50 ... up 0.06%

2. the macd histogram is below the 0 - line ... but it is higher ...

3. resistance: 800.00 ... 807.50 ... 

4. range: 775.00 - 810.00 .. ang liit lang ... wala pang 5% ... for me it is not worth betting on SM at this point ... and it is presently in the middle ot the range ... pass na lang ako if i were 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

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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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