DNL chart as of 11 JAN 2017
(click on the chart to enlarge)
remarks:
1. DNL closed higher to 12.40 ...
2. resistance: 12.50 ...
3. the macd histogram is above the 0 - horizontal; it is higher ...
4. short term trend followers* always have the option to sell na if their stocks have gained so much na (sell into strength/fade) ... or just stay put and wait and just sell when their stops are hit ... im going to just stay put and see what happens ... its the first time DNL closed above 12.10 ... i may sell if it goes back down 12.10 (stop loss ko is 12.20 maybe) ...
* 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!
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.
