Wednesday, September 27, 2017

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (pre-market, a.m. 27 SEPT 2017)


JFC chart as of closing of 26 SEPT 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)


remarks:

1. the macd histogram is below the 0 - line ... it is higher ..

2. JFC closed higher to 249.80 ... up 1.96% ... 

3. may magic sa last minute e ... from 243.20 ... tumalon to 249.80 ... so duda ako jan ... posible na profit taking today ... pero if i were a short term trend follower* ... and i want to enter JFC ... id buy as close to 240.00 as possible ... but if nag trade sya sa 250 pataas ... id buy 1/3 na and see what happens ... cutloss is just 240 pa den ...


* 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!


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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