Saturday, November 11, 2017

if i were a short term trend follower*: WEB/PHILWEB CORPORATION (11 NOV 2017)


WEB chart as of closing of 10 NOV 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

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

2. WEB closed lower to 8.17 ... down 0.12% ... 

3. if i were a short term trend follower* ... and i want to enter WEB  ... id wait pa muna ... pababa pa yun histogram at price ... id wait until bumababa below the 0 - line ang histogram ... then ill reconsider buying WEB ...

* 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) ... 





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