Tuesday, August 15, 2017

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (15 AUG 2017)


JFC chart as of closing of 15 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)


remarks

1. JFC closed higher to 225.00 ... up 1.35% ...

2. the macd histogram crossed just crossed the 0 - line ... it is higher ...

3. resistance: 226.00 ... 227.60 ...  

4. if i were a short term trend follower* ... i should have already bought at these levels ... more so at yesterdays levels ... if i still dont have JFC ... i may still buy as close as 222 as possible if bumaba pa sya ... cutloss is at 215/213 ...

5. the uptick is basically due to the 2nd quarter results of JFC which came out yesterday ...

* 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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