*i am a short term trend follower ...
*the following are not stock picks ... these are just stocks that got my current fancy ... im just posting my simple stock analysis for posterity hahaha ...
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some philippine stocks (04 may 2021) ...
gma7: 7.93 ... up 1.541% ... negative macd histogram ... either 1. wag muna pababa pa 1 macd line or; 2. buy 1/2 muna cutloss just below 7.51 ...
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the following are the things that i do ...
if a stock has a negative macd histogram:
1. if pababa pa at least 1 macd line ... wait pa ...
2. if nagbottom na yun price (nag bottom na yun price if current price is higher than current bottom) ... buy 1/2 of position initially ... with cutloss at just below the current bottom ...
$gma7
