Tuesday, December 16, 2014

PRMX/PRIMEX CORPORATION (16 dec 2014)


prmx chart as of 15 dec 2014 
(click on the chart to enlarge)

remarks: 

1. the histogram is higher (hist > 0) ...

2. the sts is higher (20 < sts < 80) ...

3. another big-volume day yesterday ... almost 6-times its 20-day moving average ...

4. prmx is up 21.79% ... hitting 5.07 in intraday trading before succumbing to profit taking at the close to 4.75 ...

5. volatility and profit taking should be expected as prmx has already been up 58.9% the past 3 weeks ...

CAUTION: LIMITED LIQUIDITY



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