if i were the short term trend follower*: AGI/ALLIANCE GLOBAL GROUP, INC. (25 DEC 2016)

AGI chart as of 23 DEC 2016 

(click on the chart to enlarge)

remarks:

1. AGI closed lower to 12.30 ...

2. support: 12.20 ...

3. the macd histogram is above the 0 - horizontal; it is lower ...

4. if i were the short term trend follower, id wait first ... the macd histogram is still above the 0 - horizontal ... ideally id consider buying if the macd histogram is BELOW the 0 - horizontal ...

* 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 AGI at the moment

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!

click here for an explanation of the indicators ...  

click here for my trading rules

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.