Friday, December 8, 2017

chart monitor: EW/EAST-WEST BANKING CORPORATION (08 DEC 2017)


EW chart as of closing of 08 DEC 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

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

2. EW closed higher to 33.70 ... up 0.15% ...   

3. if i were a short term trend follower* and i want to buy EW ... i could buy now at these levels ... cutloss: just below 33.25 (example: 33.00) ... or cutloss just below 32.75 (example 32.70) ...

* 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) ... 





------------------------------------------------------------------------------------------