Sunday, November 5, 2017

if i were a short term trend follower*: MAC/MACROASIA CORPORATION (05 NOV 2017)


MAC chart as of closing of 03 NOV 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

1. the macd histogram is below the 0 - line ... it is higher ...

2. MAC closed higher to 20.90 ... up 7.29% ... 

3. if im a short term trend follower* ... and i want to buy MAC ... id buy as close as possible to 18.50 as possible (cutloss: just below 18.50 ... example:18.40) ... masyadong mabilis pagtaas nya to 20.90 ... possible na mag profit take short term traders ...


* 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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