Wednesday, June 21, 2017

immovable as a mountain

immovable as a mountain


chart monitor: ION/IONICS, INC.

Posted: 20 Jun 2017 05:44 AM PDT



20 JUN 2017

remarks:

1. ION closed higher to 1.82 ... up 4.60% ....

2. the macd histogram just crossed the 0 - line (macd buy signal) ... it is higher ...

3. resistance: 1.84 - 1.86 ... 1.90 ... 1.97 ... 2.00 ...

4. if i were a short term trend follower ... i could already be buying at these levels (cutloss: just below 1.60 .. for example: 1.55) ... actually ... i could have started buying ION on the 15th of JUNE when the histogram and the price are both up ...


* 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!


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.





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chart monitor: EW/EAST-WEST BANKING CORPORATION

Posted: 20 Jun 2017 01:26 AM PDT



20 JUN 2017

remarks:

1. EW closed higher to 28.20 ... up 1.81% ....

2. the macd histogram is still below the 0 - line ... but it is higher ...

3. resistance: 28.25 ...

4. finally EW closed above 28 pesos today after staying just below it for quite sometime ... it is possible that profit takers will take the opportunity to take in their fill in the coming days ...  of course im just holding ... 


* 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!


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.





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