Thursday, July 18, 2013

just charts: phisix (18 jul 2013)


phisix chart as of 17 jul 2013 
(click on the chart to enlarge)

remarks: 

1. the phisix is down to 6574, two red candles from its possible interim top @6650 ...

2. the histogram is slighty down ... the sts, already @oberbot levels is also slightly down ..

3. seems the phisix is easing off for the time being ...letting some steam off going into the weekend .... i guess one has to look @the specific chart of one's favorite issue to infer the next possible price moves ... 


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