Sunday, October 29, 2017

chart monitor: SMPH/SM PRIME HOLDINGS, INC. (29 OCT 2017)


SMPH chart as of closing of 27 OCT 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)


remarks:


1. the macd histogram is below the 0 - line ... it is lower ...

2. SMPH closed lower to 35.70 ... down 0.14% ... 

3. if i were a short term trend follower* ... and i want to buy SMPH ... wait muna ako ... pababa pa ang histogram at pababa ang price ... wait until the histogram and price are both up na before ako buy ... 

* what is a "short term trend follower"
* 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 (my values for the indicators are the default values used in the INVESTAGRAMS charts) ... 



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