if i were a short term trend follower*: TUGS/HARBOR STAR SHIPPING SERVICES (22 JAN 2017)

TUGS chart as of 20 JAN 2017 

(click on the chart to enlarge)

remarks:

1. TUGS closed lower to 2.95 ...

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

3. support: 2.90 - 2.91 ...

4. if i were a short term trend follower* ... id would have sold na nung above 3 pesos pa si TUGS (above the 0 - horizontal) ...  pero kung meron pa din ako tugs .. id sell pa din if my stops are hit ... buy bak na lang if pataas na yung histogram ...

* 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.