The Ninja Stock Monitor: JFC/Jollibee Foods Corp. (29 may 2013)

selected technical indicators of PSE-listed stocks

29 may 2013 closing prices

jfc (jollibee foods corporation)  

c: 151 (+)
s: 150, 140, 138, 135.20,130 

r:  155, 160

vol: above the 5-EMA

macd: > 0 ... buy signal given

macd histogram: > 0

macd histogram direction: > 0 ... higher

rsi: 74.19 (+)

sts: 81.69 (+) 

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

jfc chart as of 29 may 2013 

(click on the chart to enlarge)

remarks: 

1. jfc surged 9.42% to breach the 150 psych res and closed @151 .. its highest ever!
2. the macd gave a buy signal ... both the rsi and sts are already @ oberbot levels 
3. no disclosure yet nor news to explain the big price appreciation ...
4. i wont be surprised if jfc experiences profit taking in the coming days ..
5. as always: no target/take profit prices ... just adjust protective stops  

previous JFC posts:

The Ninja Stock Monitor: JFC (03 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