would i buy this stock now? (14 APR 2019)

***i am not a day trader
***follow me at finance manila

***bookmark me at: immovable as a mountain (a filipino trend follower's blog)

* 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

i buy stocks only when they fulfill two conditions:

- their macd histograms are below the macd 0 - line and
- their current prices are higher than their most recent bottoms ...

so .. would i buy these stocks now?

Banks
1. BDO - yes ... cutloss just below 129.80 (example: 129.50) ...
2. BPI - yes ... cutloss just below while 80.80 (example: 80.50) ...

Casinos and Gaming
3. BLOOM - no ... the macd histogram is already above the 0 - line ...
4. RWM - no ... the macd histogram is still above the 0 - line ...

Electricity, Energy, Power and Water
5. AP  - no ... the macd histogram is above the 0 - line ...
6. MER - yes ... cutloss just below 374.00 (example: 373.50) ...
7. PHEN - no ... the macd histogram is already above the 0 - line ...

Food, Beverages and Tobacco
8. DNL - no ... the macd histogram is above the 0 - lne ...
9. FB - no ... the macd histogram is above the 0 - line ...
10. JFC - no  ... while the macd histogram just crossed the 0 - line to the downside ... it is still at the current low ... pwede pa bumaba ... wait muna ako ...

Holding Firms
11. AC - yes .. cutloss just below 905.50 (example: 905) ...
12. AEV - no ... the macd histogram is already above the 0 - line ...
13. AGI - no  ... while the macd histogram just crossed the 0 - line to the downside ... malapit pa sa current low ... pwede pa bumaba ... wait muna ako ...
14. JGS - no ... the macd histogram is already above the 0 - line ...
15. LTG  - yes ... cutloss just below 16.00 (example: 15.50) ...
16. SM - no ... the macd histogram is above the 0 - line ...
17. SMC - no ... the macd histogram is already above the 0 - line ...

Properties
18. ALI - no ... the macd histogram is above the 0 - line ...
19. MEG - yes ... cutloss just below 5.58 (example: 5.50) ...
20. SMPH - no ... although the macd histogam just crossed the 0 - line to the downside ... it may still go down ...

Special Situation Stock
21. HLCM - no ... the macd histogram is already above the 0 - line ...
--------------------------------------------------------------------------------------------------------------------------

A VERY SHORT COURSE ON HOW I TRADE:

*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. i buy on breakout ONLY when adding to an ALREADY EXISTING position

*when do i sell? i sell when:
1. i cutloss just below the most recent bottom
2. my trail stop is hit (this means that my position is already net positive)

*what stocks do i buy?
1. index stocks
2. stocks that have a current story as disclosed in the edge website ...

*what do i do when i start buying a stock?
1. when i buy, i buy in tranches .... when i see a stock fulfilling my buy criteria .... i initially buy 1/3 or 1/4 of my allocation for a particular stock ... then i wait and observe ...
2. on subsequent days ... when the price of the stock advances... i add 1/3 of my allocation ....
3. i add my last 1/3 allocation when the stock advances some more ...

*what i dont?
http://1kagemusha.blogspot.com/2012/03/what-i-dont.html.

* what is a "short term trend follower"