SM chart as of closing of 17 NOV 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)
1. the macd histogram is below the 0 - line ... it is higher ...
2. SM closed higher to 965.50 ... up 2.55% ...
3. if i were a short term trend follower* ... and i want to buy SM .... i may buy now at these levels (1. below the 0 - line yun macd histogram; 2. pataas yun histogram; 3. up yun price) ... cutloss just below 950.00 (example: 945.00) or cutloss just below 939.00 (example: 935.00) ...
* 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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