Tuesday, March 20, 2018

if i were a short term trend follower*: NOW/NOW CORPORATION (20 MAR 2018)


remarks:

*my computer has been acting up again ... and i cant use my screen capture application to take pics of my charts ...  so just please bear with me ..

*im using the INVESTAGRAMS chart for my reading ...


chart reading as of end of 20 MAR 2018

1. the macd histogram is still below the 0 - line ... it is lower ...

2. NOW closed higher to 10.10 ... up 2.33% ...

3. the last time i posted (10 March 2018) NOW was 13.30 and i said 'i may buy now" ... and cutloss was just below 11.70 ... but now still went further south ... so i was wrong then ... and i may still be wrong again in the future ... this happens naman ...

4. now the cutloss is just below 7.70 (example: 7.50) ... and i may gamble at these levels but as much as possible ill buy as near as possible to 7.70 ...

***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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