ALCO chart as of 25 JAN 2017
(click on the chart to enlarge)
remarks:
1. ALCO closed higher to 82 centavos ...
2. the macd histogram is lower ...
3. resistance: 89 centavos ...
4. just holding on ... the histogram is going down .. so is the volume ... hopefully the price would stay sideways as the histogram bottoms out ...
* 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
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!
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.