alt chart as of 20 may 2016
(click on the chart to enlarge)
remarks:
1. alt closed at 4.03 ....
2. support: 4.00; 3.71 ...
3. there is no sell signal yet (macd histogram 12, 26, 9) ... you can see how the macd is much much behind in giving signals like here ... where the top is so far away at 17.48 ...
4. of course short term trend followers have already exited ... me while it is still on the way up ...
5. should i buy bak or not? short term trend followers are followers .. not leaders .... so ill wait until the macd histogram is showing that it is on its way up (possibly using a shorter time interval .. not using daily charts) ...
for questions, comments .. email me at: shingen_takeda00@yahoo.com
STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!
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
