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. SMPH closed higher to 36.50 ... up 1.53% ...
3. if i were a short term trend follower and i want to buy SMPH ... ill look for other stocks muna in the mean time ... pataas pa din yun macd histogram e ...
- if i already have SMPH ... hold lang ako ... sell when the price hits my stoploss ... example: stoploss just below 36.00 (35.90-35.95)
* 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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