Thursday, March 29, 2018

chart monitor: SMPH/SM PRIME HOLDINGS, INC. (29 MAR 2018)


remarks:

*my computer has been acting up again ... and i cant use my screen capture application to take pics of my charts ...  so just please bear with me ..

*im using the INVESTAGRAMS chart for my reading ...

*follow me at finance manila

chart reading as of end of 28 MAR 2018

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

2. SMPH closed lower to 33.70 ... down 2.32% ...

3. most recent bottom: 33.00 ...

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

1. the macd histogram is below the 0 - line
2. if the current price is higher than the most recent price bottom
3. cutloss: just below the most recent price bottom

*what stocks do i buy?

1. index stocks
2. stocks that have a current story as disclosed in the edge website ...
3. speculative stocks

* 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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