Wednesday, January 24, 2018

chart monitor: NOW/NOW CORPORATION (24 JAN 2018)


NOW chart as of closing of 24 JAN 2018
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

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

2. NOW closed higher to 5.31 ... up 14.69% ...      

3. if i were a short term trend follower* and i want to buy NOW ... id wait first for the histogram to go below the 0 - line ...

... if im a gambler ... id buy pakonti konti .. buy 1/3 tomoro .. then add on pullbacks ...

... if i already have NOW ... id hold lang ... i wont have any stop on this .. id hold until the last minute sometime 27 March to 02 April when the winning bidder for the 3rd telco is announced ... possibly id add some more in the coming days ...

***follow me at finance manila

*my buy criteria: i buy when the following happens:

1. the macd histogram is below the 0 - line
2. the histogram is higher or the price is higher than the most recent lowest low

* 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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