Sunday, July 16, 2017

if i were a short term trend follower*: HOUSE/8990 HOLDINGS, INC. (16 JUL 2017)


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

remarks:

1. HOUSE closed lower to 5.91 ... down 1.34%

2. the macd histogram just breached the 0 - line ... it is lower ...

3. support: 5.91 ... 5.51 ...

4. if i were a short term trend follower .. and if i want to buy HOUSE ... id wait muna ... pababa pa yun histogram (it just breached the 0 - line) ... pababa pa din yun price ... not something id like at the moment ... baka ma break pa pababa yun 5.91 support ... 

id only buy HOUSE if the :

- histogram is rising na ...
- price is higher na

* 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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