PXP chart as of closing of 22 SEPT 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)
remarks:
1. the macd histogram is above the 0 - line ... it is higher ..
2. PXP closed higher to 7.75 ... up 27.47% ...
3. i bot a few more PXP today at 6.50 in the morning not knowing na ganun ang ending sa aftertoon ... 13.2 billion pa din lang ang market cap nito ... if ever na magkatotoo yun drilling ... 13.2 billion pa din kaya ito? ...
- nag above 40 ito just a few years back .. mga 70 billion market cap then ... mura pa den at 40 pesos ito nuon if may gas talaga ito ... im just holding on to PXP ... it seems may news ito now kaya gumalaw ng malaki?
- pero im just playing this by price action ... not fundamentals ...
* 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
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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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