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 ...
chart reading as of end of 22 MAR 2018
1. the macd histogram just crossed the 0 - line ... it is higher ...
2. ALI closed higher to 41.95 ... up 5.53% ...
3. if i were a short term trend follower ... and i want to buy ALI ... id make an exception now and buy even if the histogram is above the 0 - line na ... pero id buy as near as possible to 39.75 ... cutloss just below 39.75 (example: 39.50) ...
***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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