TUGS chart as of 09 DEC 2016
(click on the chart to enlarge)
remarks:
1. TUGS closed higher to 2.04 breaching the 2 pesos resistance once again ...
2. the macd histogram is higher altho it is still below the 0 - horizontal ...
3. i could start buying at these levels ... buying 1/3 of my budget for TUGS (if im inclined to buy TUGS at all) ... with cutloss at just below 2.00 ... and just adding if it goes above 2.10 .... (another alternative is have your cut loss at 1.80 or a little lower)
*these notes are mine alone ... and are for sharing with short-term trend followers
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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.
