*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 ...
1. the macd histogram is still below the 0 - line ... it is higher ...
2. JFC closed higher to 305.40 ... up 7.54% ...
3. if i were a short term trend follower ... and i want to buy JFC ... i may buy now ... but preferably as close as possible to 282.60 ... cutloss just below 282.60 (example 282.00) ...
... i dont know what happened ... but at the closing saw JFC shares surge to 305.40 ...
... with the sudden surge in JFC ... possibly profit taking may ensue 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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