ALCO chart as of 13 JAN 2017
(click on the chart to enlarge)
remarks:
1. ALCO closed higher to 62 centavos ...
2. the macd histogram is above the 0 - horizontal; it is higher ...
3. resistance: 66 centavos .... 70 centavos
4. i sold some ALCO yesterday to fund another stock purchase ... altho i still have 80 percent of my original position ... just holding on to these remaining shares ... may buy bak again possibly in the coming days depending on the stock's price action ...
... i may sell the rest of my position if my stops are hit (a little below 60 centavos) ... hindi ko pa alam as of 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
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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.
