Tuesday, October 17, 2017

chart monitor: AC/AYALA CORPORATION (17 OCT 2017)


AC chart as of closing of 17 OCT 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)


remarks:

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

2. AC closed higher to 1092.00 ... up 1.96% ... 

3. AC continues to go up ... up to where i do not know (maybe ill make another blog with that as a topic) ... if i were a short term trend follower and im thinking of entering AC ... hindi ko na isipin yon ... hanap na lang ako ng iba ... as it is above the macd histogram 0 - line na sya .. i dont like buying into stocks na above the 0 - line na yun macd histogram ... if i have AC na ... continue holding lang ako ... possibly adjust ko na pataas yun stop loss ko ... pwedeng just below 1000 or just below 1050 kung mas mahigpit ang pangangailangan ko (hehe) ...

* 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.



------------------------------------------------------------------------------------------