Sunday, November 13, 2016

chart monitor: PCOMP/Composite Index (13 NOV 2016)


PCOMP chart as of 11 NOV 2016 
(click on the chart to enlarge)

remarks: 


ok ... isa pa chart ...

1. the index closed lower to 6975 as it breaches the 7000 barrier ...

2. the macd histogram is below the 0 - horizontal; it is lower ...

3. support: 6941 ...

4. the pcomp continues its slide down ... this time breaching the 7000 magic number ... 

5. well be watching if the 6941 support holds ... wala naman tayong magagawa if it continues to go down ... next major support is 6661 set on 01 march 2016  ... 

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FINANCE MANILA



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.