Wednesday, January 10, 2018

chart monitor: EW/EAST-WEST BANKING CORPORATION (10 JAN 2018)


EW chart as of closing of 10 JAN 2018
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

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

2. EW closed higher to 31.10 ... up 0.32% ...    

3. if i were a short term trend follower* and i want to buy EW ... i may buy now ... while the histogram is still lower ... the price is already higher ... cutloss: just below 30.85 (example: 30.50) ...

***follow me at finance manila

* 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




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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