Friday, January 5, 2018

chart monitor: PF/SAN MIGUEL PUREFOODS (05 JAN 2018)


PF chart as of closing of 04 JAN 2018
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

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

2. PF closed higher to 530.00 ... up 0.38% ...   

3. if i were a short term trend follower* and i want to buy PF ... i may buy it now ... my basis: . the histogram is still below the 0 - line ... but it is higher .. and the price is higher ... cutloss: just below 527.00 (example: 525.00)


* 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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