Thursday, December 29, 2016

chart monitor: BEL/BELLE CORPORATION (29 DEC 2016)


BEL chart as of 29 DEC 2016 
(click on the chart to enlarge)

remarks:

1. BEL closed higher to 3.20 ...

2. support: 3.09 - 3.10 ...

3. the macd histogram is higher ...

4. for short term trend followers ... just sell when stops are hit ... though im inclined to just hold on to BEL for the moment ... 



* these notes are good only for the next trading day ... and NOT for the subsequent trading days ...

* these notes are mine alone ... and are for sharing with short-term trend followers


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.