Saturday, August 19, 2017

chart monitor: LSC/LORENZO SHIPPING CORPORATION (19 AUG 2017)


LSC chart as of closing of 18 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)


remarks:

1. LSC closed lower to 1.56 ... down 3.11%

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

3. bottom: 1.10

4. top: 2.64 ...

4. if i am a short term trend follower ... id wait muna (pababa pa yun price) ... id buy as close to 1.10 as possible ... LSC is still below the 0 - line ... and it is still below the median (median: 1.87) ... cutloss: just below 1.10: example ... 1.05 ... 1.00

* 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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