ALCO chart as of 18 JAN 2017
(click on the chart to enlarge)
remarks:
1. ALCO closed higher to 82 centavos ...
2. resistance: 87 centavos ...
3. just adjusting my stops ... selling when my stops are hit ...
4. people still believe in overbought levels ... pero one week ng overbought ang alco ... surely one day alco will again come down ... pero hindi dahil sa overbought ito ... mga kj lang yun mga naniniwala sa overbought levels ... nanghuhula lang sila since hindi naman talaga malalaman beforehand ang mangyayari ... mas naniniwala pa ako sa "what goes high ... may still go higher" ... at yun nga nangyari ngayon ....
* 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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