chart monitor: JFC/JOLLIBEE FOODS CORPORATION (22 JAN 2017)

JFC chart as of 20 JAN 2017 

(click on the chart to enlarge)

remarks:

1. JFC closed lower to 203.00 ...

2. the macd histogram is now below the 0 - horizontal; it is lower ... 

3. support: 200.00 - 202.20

4. if i were a short term trend follower* ... and i intend to buy JFC ... ill continue to wait further ... kasi altho the macd histogram is below the 0 - horizontal na ... it is falling pa (ideally ... i buy when the macd histogram is below the 0 - horizontal and is just rising) ...

* 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.