Thursday, April 11, 2013

The Ninja Stock Monitor: APM (11 apr 2013)

selected technical indicators of PSE-listed stocks 

11 apr 2013 closing prices

apm (alcorn gold resources)  

c: .171(+)
s: .164, .160, .155
r: .172, .173, .180, .190, .20
vol: (+)
macd: >0
macd histogram: >0
macd histogram direction: (+)
rsi: 70.98(+)
sts: 73.8(+

for an explanation of the indicators ... click: here 


apm chart as of 11 apr 2013 
(click on the chart to enlarge)


remarks: 
1. apm breached the .168 and .17 resistances and closed above it .. but still fell short of the .173 intraday resistance ...
2. the macd gave a buy signal ... the rsi and sts are @ or near oberbot levels ...
3. the possibility of more fading is present in the coming days ... as profit takers already started coming in in the afternoon ... 
4. im just holding on ... possibly add a few more in the coming days if more positive price action becomes evident ...

previous APM monitor: The Ninja Stock Monitor: APM (02 mar 2013)

for reference .. you may also want to read: my trading rules

p.s.: readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose