CHP chart as of 22 FEB 2017
(click on the chart to enlarge)
remarks:
1. CHP closed higher to 9.80 ...
2. resistance: 9.83 ...
3. the macd histogram is still below the 0 - horizontal ... but it is higher ...
4. if i were a short term trend follower* ... i may add more to my 1/3 i may already have (see my FEB 18 2017 posting here) .. ill also adjust my stops (above my acquisition cost na of course) ..
* 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.
