if i were a short term trend follower*: TUGS/HARBOR STAR SHIPPING SERVICES (16 JAN 2017)

TUGS chart as of 16 JAN 2017 

(click on the chart to enlarge)

remarks:

1. TUGS breaches the 3 peso resistance to close higher to 3.10 ...

2. resistance: 3.15 ...

3. if i were a short term trend follower* ... id just adjust my stops (kung meron akong TUGS) higher and sell if it is hit ... otherwise ... ride lang ako ...

kung wala naman akong TUGS ... nood na lang muna ako (or iba na lang bilhin ko) ... the macd histogram is above the 0 - horizontal e ... not my ideal position when trading   

* 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

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!

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.