Thursday, November 2, 2017

chart monitor: AC/AYALA CORPORATION (02 NOV 2017)


AC chart as of closing of 02 NOV 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

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

2. AC closed higher to 1090.00 ... up 5.72% ... 

3. altho below the 0 - line pa din sya ... baka mag profit taking in the coming days with that more than 5% up today ... if i were a short term trend follower* ... and i want to buy AC ... ill buy as close to 1020 as possible ... cutloss: 1000 - 1010 ...

* 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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