Thursday, October 19, 2017

chart monitor: AC/AYALA CORPORATION (19 OCT 2017)



AC chart as of closing of 19 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 1116.00 ... up 4.30% ... 

3. malapit na ang AC sa 2018 fair value price ng colfinancial (1158.00) ... possible profit taking in the coming days ... im thinking pa if id raise my stops to 1100 ...

* 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.



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