Saturday, February 3, 2018

if i were a short term trend follower*: ECP/EASYCALL COMMUNICATION PHILIPPINES (03 FEB 2018)


ECP chart as of closing of 02 FEB 2018
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. ECP closed higher to 49.40 ... up 2.92% ...      

3. if i were a short term trend follower* and i want to buy ECP ... i may buy at these levels altho id prefer to buy as close to 42.00 as possible ... cutloss just below 42.00 (example: 41.50) ...

***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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