Monday, May 12, 2014

just charts: ACR/ALSONS CONSOLIDATED RESOURCES (12 may 2014)


acr chart as of 12 may 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is lower

2. the sts > 80 (oberbot); the sts is higher 

3. resistance: 2.04

4. acr closed at the psychological 2 peso mark ... whether it will continue its trek up or traders will start taking in profits these next few days  ... i dont know ... im quite interested to see what happens next ...


click here for 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