Wednesday, February 28, 2018

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (28 FEB 2018)


JFC chart as of closing of 28 FEB 2018
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

1. the macd histogram just crossed the 0 - line on the upside ... it is higher ...

2. JFC closed higher to 298.40 ... up 1.15% ...

3. if i were a short term trend follower ... and i want to buy JFC ... id stop buying na at this point ... it has gone beyond the 0 - line already ... wait na lang ulet when it goes back below the 0 - line again before buying ...

***follow me at finance manila

*my buy criteria: i buy when the following happens:

1. the macd histogram is below the 0 - line
2. the histogram is higher or the price is higher than the most recent lowest low

* 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

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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