AC chart as of closing of 07 JUL 2017
(click the chart to enlarge)
remarks:
1. AC closed lower to 870.30 ... down 0.23%
2. the macd histogram is above the 0 - line ... it is higher ...
3. resistance: 873.00 ...
4. if i were a short term trend follower and i want to enter AC ... id wait muna until the histogram goes below the 0 - line ... maliit lang ang range ni AC kasi .. u wont be able to profit above 10% at a time ... like right now .. yun range is 837 - 899 ... so u better be starting from the bottom not in the middle of the range na ...
5. madami stocks like AC na maliit lang ang range ... mostly the index stocks .. like SMPH ... SM ... ALI ... well maliit nga range pero they work like clock work ... in a month or two months time me profit na ako about 10% ... if i am a trader na pa easy easy lang .. sila yun stocks for me ...
* 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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