Thursday, June 16, 2016

chart monitor: FDC/FILINVEST DEVELOPMENT CORPORATION (16 JUNE 2016)


fdc chart as of 16 june 2016 
(click on the chart to enlarge)

remarks: 

1. fdc closed higher at 6.50 ...

2. resistance: 6.52  ... 

3. the macd histogram turned higher ... but still below the 0 - horizontal (no buy signal yet) ... same set up as secb in the previous chart ...

4. a possible attempt to breach the 6.52 resistance and set new highs in the coming days ...

5. short term trend followers should know the drill by now (wink wink) ... 


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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