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 20 MAR 2018
1. the macd histogram is still below the 0 - line ... it is lower ...
2. AC closed lower to 937.00 ... down 7.23% ...
3. if i were a short term trend follower ... and i want to buy AC ... id make a gamble and buy AC now at these levels (i have a gut feel that this price maneuver of letting the price down to these levels is to accommodate the cross sale of AC shares by Mitsubishi Corp ... im betting that the price will again go up tomoro ... of course i have no actual basis for this ... again just gut feel) ... cutloss: just below 935.00 (example: 900.00)
***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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