SMPH chart as of closing of 05 DEC 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)
1. the macd histogram is below the 0 - line ... it is higher ...
2. SMPH closed higher to 36.50 ... up 2.10% ...
3. if i were a short term trend follower* and i want to buy SMPH ... i may buy now at these levels ... pero sana as close to 35.70 ... 35.10 as possible ... cutloss: just below 35.10 (example 35.00) .. altho possible profit taking maybe be encountered in the coming days as it went high up just at the closing today ...
* 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 COLFINANCIAL charts) ...
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