chart monitor: ALCO/ARTHALAND CORPORATION (16 JAN 2017)

ALCO chart as of 16 JAN 2017 

(click on the chart to enlarge)

remarks:

1. ALCO closed higher to 78 centavos ... after hitting 80 centavos intraday ...

2. resistance: 80 centavos ...

3. i dont know why alco is moving at the moment .... but im just adjusting my stops ... as do all short term trend followers ...

* 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

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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!

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.