Saturday, August 12, 2017

chart monitor: PMPC/PANASONIC MANUFACTURING PHILIPPINES CORP. (12 AUG 2017)


PMPC chart as of closing of 11 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)


remarks

1. PMPC closed lower to 10.86 ... down 5.73% ...

2. the macd histogram crossed the 0 - line ... it is lower ...

3. support: 10.00 ...  

4. if i were a short term trend follower* ... id wait muna before doing anything ... pababa pa histogram ... 

* 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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