Friday, September 8, 2017

chart monitor: PXP/PHILEX PETROLEUM (08 SEPT 2017)


PXP chart as of closing of 08 SEPT 2017
the chart is courtesy of COLFINANCIAL 
(click the chart to enlarge)


remarks

1. PXP closed higher to 5.05 ... up 3.91% ... 

2. the macd histogram is above the 0 - line ... it is higher ...

3. PXP closed on its 52-week high ... i hope this would still go higher on speculation that the West Philippine Sea project will have a headway ... hold lang ako .. add ako if mag 6 pesos ...

* 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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