Friday, July 11, 2014

JFC/JOLLIBEE FOODS CORPORATION (11 jul 2014)


jfc chart as of 10 jul 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is > 0; the histogram is lower

2. the sts is in the trading zone (20 < sts < 80); the sts is lower 

3. support: 179.30

4. resistance: 185.00

5. jfc temporarily breached the 180 support .... dipping to as low as 179.30 before closing @180 ...

6. the price trend the past few days is down ... nothing to do here .. just waiting for the bottom before thinking of reentering jfc ...



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