BDO chart as of 23 DEC 2016
(click on the chart to enlarge)
remarks:
1. BDO closed higher to 105.00 ...
2. support: 103.30 ...
3. the macd histogram is below the 0 - horizontal; it is lower ...
4. if i were the short term trend follower, id wait first for the macd histogram to turn up ... the histogram is already below the 0 - horizontal ... buy 1/3 of my allocation first ... have my cutloss just below 103.30 (100.00 if im generous) ...
5. if nagmamadali ... pwede din bumili na .. 1/3 of the allocation for the stock as usual; cutloss just below 103.30 ... but just be reminded that the macd histogram is still pointing down so not yet the ideal situation ...
* what is a "short term trend follower?"
* 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
* i dont have BDO at the moment
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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.
