PXP chart as of closing of 26 SEPT 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)
1. the macd histogram is above the 0 - line ... it is lower ..
2. PXP closed higher to 7.69 ... down 22.40% ...
3. i have no choice but to sell ... kala ko pwede pa i hold ... potek 22% down e .. no way a trend follower holds a down stock na 10% ... more so 22%!
- maybe ill buy bak sa 10 pesos above na
* 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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