PMPC chart as of closing of 01 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)
remarks
1. PMPC closed higher to 10.84 ... up 12.33% ...
2. the macd histogram is above the 0 - line ... it is higher ...
3. resistance: 11.10 ...
4. if i were a short term trend follower* ... and i want to enter PMPC ... wait lang ako ... until the histogram is below the 0 - line ulit ... mejo late na kasi .. last entry dapat was 14 July 2017 e ...
... possible profit taking ulet mga short term traders .. so di ako magtataka kung bababa ito ulet in the coming days ...
* 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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