these are my Philippine Stock Exchange/PSE trading notes ... by no means are these to be taken by the reader as recommendations to buy or sell ... blog contents are valid only up to the date of publication ... the views found herein are subject to change without prior notice ... dont hold and hope! but definitely follow the trend! ... i also occasionally blog about camfrog and repost articles on cats ...
Friday, April 24, 2020
CHART: PSEI (24 APR 2020)
24 APR 2020
psei closed lower to 5464.98 ...
the macd histogram is inching to the 0 - line but not quite yet ...
duterte has extended the ecq to 15 may ...
it seems it will be another 3 weeks of sideways trading?
22 APR 2020
the psei closed lower to 5592.25 ...
the macd histogram is still above the 0 - line ... but is slowly going down since 15 April ...
im waiting for duterte's next covid announcement on the status of the ecq ... this could be a signal on whether the pse will continue to fall or reverse ...