Thursday, March 22, 2018

if i were a short term trend follower*: PHA/PREMIERE HORIZON ALLIANCE CORPORATION


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 22 MAR 2018

1. the macd histogram is above the 0 - line ... it is higher ...

2. PHA closed higher to 53 centavos ... up 16.48% ...

3. if i were a short term trend follower ... and i want to buy PHA ... id wait for the histogram to be below the 0 - line again before thinking of entering PH ...

... if i am a gambler ... id buy now hoping it would go higher ... there is a recent disclosure of a property dividend and a warrant ... which im betting would drive prices higher (of course this is just a gut feeling ... nothing scientific) ... the property dividend is planned to be listed 3rd quarter pa ...

***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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