Saturday, January 28, 2017

chart monitor: PIZZA/SHAKEY`S PIZZA ASIA VENTURES, INC (28 JAN 2017)


PIZZA chart as of 27 JAN 2017 
(click on the chart to enlarge)

remarks:

1. PIZZA closed higher to 12.90 ...

2. resistance: 12.98 - 13.00 ...

3. di pa den complete ang macd ...

4. if i were a trend trader and i have PIZZA ... id fade the 13 pesos resistance (sell) ... if i were a short term trend follower ... id just hold and sell when my stops are hit ... or .. add when the 13 pesos resistance is breached ...

if i were a short term trend follower and i dont have PIZZA ... id just wait when there is already a macd and buy when the macd histogram is below the 0 - horizontal and is rising na ... 


* 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.