PXP chart as of closing of 01 DEC 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)
1. the macd histogram is above the 0 - line ... it is lower ...
2. PXP closed lower to 9.70 ... down 10.19% ...
3. if i were a short term trend follower* and i have PXP ... i could have sold na above 10 pesos ... actually starting 12 pesos pwede na sell nung pababa sya ... depende na lang sa stops ko kung saan ko nilagay ...
if i dont have PXP .. wait lang muna ako ... pababa pa yun histogram ... ideal buy is below the 0 - line when the histogram and price are both rising na ...
* 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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