Wednesday, September 7, 2016

chart monitor: FDC/FILINVEST DEVELOPMENT CORPORATION (07 SEPT 2016)


FDC chart as of 07 SEPT 2016
(click on the chart to enlarge)

remarks: 


1. FDC closed higher to 7.28 .. a new 52-week closing high ... 4.30 intraday ...

2. the macd histogram is rising ...

3. resistance: 4.30 ...

4. im just watching fdc ... adjusting my stops ... 

5. if i dont have fdc ... im not touching it at the moment .. it has already left the train station .. the ideal entry was at 6.9 last week ... id just wait for the macd histogram to be below 0 - histogram again before starting to enter or id just look for another stock ...

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKEogram  ... 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.