Saturday, May 7, 2016

chart monitor: SECB/SECURITY BANK CORPORATION (07 may 2016)


secb chart as of 06 may 2016 
(click on the chart to enlarge)

remarks: 

1. secb closed at 171.50 ..

2. the support at 166 is currently holding ...

3. the macd histogram is higher but still below the 0-horizontal ...

4. some short term trend followers may think of starting to build their 1/3 base at these prices ...  they should be just be ready to sell at their cutloss point ....


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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