EW chart as of closing of 02 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)
remarks
1. EW closed higher to 32.95 ... up 2.49% ...
2. the macd histogram is still below the 0 - line ... it is higher ...
3. resistance: 33.40 ...
4. if i were a short term trend follower ... i may buy EW at these levels ... but nearer 32.15 if possible ... mataas kasi agad e ... cutloss: just below 32.15 example .. 32.00 ..
* 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.
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