Thursday, February 22, 2018

if i were a short term trend follower*: STR/STARMALLS, INC. (22 FEB 2018)


STR chart as of closing of 22 FEB 2018
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

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

2. STR closed higher to 25.85 ... up 12.39% ...      

3. if i were a short term trend follower ... and i want to buy STR ... ill wait for the next round na muna (the histogram is already above the 0 - line ... which is above my tolerance levels na) ...

... just a note .. the market cap of STR at 25.85 is 217.8 billion ... almost at par na with GLO with a market cap of  233.9  billion at 1760 today ... hahaha :)

***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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