a filipino trend follower's blog: dnl

from a reader in Finance Manila ....

question:

"sir shoyu, wat do u think of JFC DNL and MPI? i both have the 3..."

answer:

first ... "both" is only for two ... not 3 ...

JFC

if i am a trend follower and i have JFC .. continue ko lang hold sya now ... ang hirap makahanap ng trail stop ... ill set my trail stop just below 195 ...

DNL

trading range is 12.64 - 12.96 ... well the histogram is still below the 0 - horizontal .. so hold lang ako .. walang nangyayari pa sa kanya .. trail stop is just below 12.64 ... magkaka excitement lang ulet kung above 12.96 - 13.00 ito ...

MPI

trailing stop at just below 5.98 ... hopefully magtuloytuloy ang histogram beyond the 0 - horizontal ... of course hold lang ako ...

Saturday, March 11, 2017

if i were a short term trend follower*: DNL/D&L INDUSTRIES, INC. (11 MAR 2017)

DNL chart as of 10 MAR 2017

(click on the chart to enlarge)

remarks:

1. DNL closed higher to 12.58 ...

2. resistance: 12.66 ...

3. the macd histogram is still below the 0 - horizontal ... but it is rising ...

4. if i were a short term trend follower* ... id start buying and buy 1/3 of my allocation for DNL and wait ... if it goes up then id add some more ... but if it goes down below 12.32 ... then id do my cut loss ...

* 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

for more philippine stock market views and information please check:

FINANCE MANILA

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!

click here for an explanation of the indicators ...

click here for my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.

Monday, January 16, 2017

SOLD! (16 JAN 2017)

sold all my DNLs .. na hit yun stop ko e ... will buy bak na lang ulet ...

chart monitor: DNL/D&L INDUSTRIES, INC. (16 JAN 2017)

DNL chart as of 13 JAN 2017

(click on the chart to enlarge)

remarks:

chart monitor: DNL/D&L INDUSTRIES, INC. (11 JAN 2017)

DNL chart as of 11 JAN 2017

(click on the chart to enlarge)

remarks:

chart monitor: DNL/D&L INDUSTRIES, INC. (07 JAN 2017)

DNL chart as of 07 JAN 2017

(click on the chart to enlarge)

remarks:

chart monitor: DNL/D&L INDUSTRIES, INC. (31 DEC 2016)

DNL chart as of 29 DEC 2016

(click on the chart to enlarge)

remarks:

chart monitor: DNL/D&L INDUSTRIES, INC. (26 DEC 2016)

DNL chart as of 23 DEC 2016

(click on the chart to enlarge)

remarks:

chart monitor: DNL/D&L INDUSTRIES, INC. (15 DEC 2016)

DNL chart as of 15 DEC 2016

(click on the chart to enlarge)

remarks:

chart monitor: DNL/D&L INDUSTRIES, INC. (28 SEPT 2016)

DNL chart as of 28 SEPT 2016

(click on the chart to enlarge)

remarks:

1. DNL closed higher to 11.68 ...

2. resistance: 11.80 ....

3. the macd histogram is higher but still below the 0 - horizontal (no macd buy signal yet)...

4. im just monitoring ...

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKEogram ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

click here for an explanation of the indicators ...

click here for my trading rules