AUB chart as of closing of 30 JUN 2017
(click the chart to enlarge)
remarks:
1. AUB closed higher to 55.70 ... up 0.27% ...
2. the macd histogram is above the 0 - line ... it is higher ...
3. resistance: 55.80 ...
4. if i were a short term trend follower* ... and if i wanted to position in AUB ... id wait muna until the histogram is below the 0 - line (or ill look for other stocks na lang muna) ... the histogram is too high na for a short term trend follower ...
... if i already have AUB ... hold lang .. sell when my stops are hit ...
* 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:
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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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