Saturday, November 19, 2016

chart monitor: PCOMP/Composite Index (19 NOV 2016)


PCOMP chart as of 18 NOV 2016 
(click on the chart to enlarge)

remarks: 



1. the index closed higher to 7067.73 ...

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

3. malayo next resistance: 7299 - 7329 ...

4. it seems we have reached bottom at 6857 ... and we are still below the 0 - horizontal ... and malayo pa next resistance ... 

5. hoping (weno ... sa gusto kong gamiten) the index now stays above 7000 ...


for more philippine stock market views and information please check:

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.