Saturday, December 2, 2017

chart monitor: FMETF/FIRST METRO PHILIPPINE EQUITY EXCHANGE TRADED FUND, INC. (02 DEC 2017)


FMETF chart as of closing of 01 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 lower ...

2. FMETF closed lower to 124.70 ... down 0.48% ...   

3. if i were a short term trend follower* and i want to buy FMETF ... wait pa muna ako ... bumaba ulet yun histogram .. at the same time bumababa den yun price ... supports: 124.00 ... 123.50

* 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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