SMPH chart as of closing of 30 OCT 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)
1. the macd histogram is still below the 0 - line ... it is higher ...
2. SMPH closed higher to 37.00 ... up 3.64% ...
3. if i were a short term trend follower* ... and i want to buy SMPH ... i may buy na at these levels kasi it fulfills na my 3 basic buy indicators: 1. the macd histogram is below the 0 - line; 2. the histogram is higher; 3. the price is higher ... pero kung kaya buy as near 35.40 as possible ... cutloss: just below 35.40 (example: 35.30) ...
* 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 (my values for the indicators are the default values used in the INVESTAGRAMS charts) ...
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