Thursday, June 8, 2017

immovable as a mountain

immovable as a mountain


chart monitor: WLCON/WILCON DEPOT, INC. (08 JUN 2017)

Posted: 07 Jun 2017 08:22 AM PDT


remarks:

1. WLCON closed higher to 6.49 ... up 3.84% ...

2. resistance: 6.50 ... 6.60 ...

3. the macd histogram is rising  ...

4. adjusting my stops ... 

5. short term trend followers who dont have WLCON and are intending to buy it may just have to wait until the histogram is below 0 again ... or look for other stocks to buy na lang in the meantime ...

* 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.

stok tots: its the histogram that is important (07 JUN 2017)

Posted: 07 Jun 2017 08:01 AM PDT


question:

Sir Shoyu, I observed that MAXS MACD is rising along with the price in the past few days but MACD is still below 0.

Worth the shot to hold short to medium term?


my response:

the macd is still below 0 ... but the macd HISTOGRAM is already way above it ...

more than the macd .. im using primarily the histogram in my system

stocks move in cycles .. so i just use one cycle as my timeframe .. whether it is short or medium or long term .. it matters not to me .. (altho i hold in some cases some stocks for the long term .. but these are more exceptions to the rule)

if i were a short term trend follower*: APX/APEX MINING CO. (07 JUN 2017)

Posted: 07 Jun 2017 08:16 AM PDT

as requested:

remarks:

1. APX closed higher to 1.80 ... up 3.45% ...

2. resistance: 1.83 ... 1.90 ... 2.00 - 2.02 ... 

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

4. short term trend followers who dont have APX and intending to buy it may buy at these levels (cutloss just below 1.73 or just below 1.65) ...

* 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.

chart monittor: SSI/SSI GROUP, INC. (07 JUN 2017)

Posted: 07 Jun 2017 08:13 AM PDT


remarks:

1. SSI closed higher to 2.95 ... up 10.07% ...

2. resistance: 3.00 ... 3.09 ... 

3. the macd histogram is higher ...

4. im just adjusting my stops ... 

5. short term trend followers who dont have SSI (and intending to buy SSI) might be in a quandary right now ... SSI closed at 2.95 .. and the 3 pesos resistance reared its head today to block pushers above 3 pesos (well ... 2.99 pa lang .. hindi na umabot ng 3.00 - di ko maalala ang tawag ni jesse livermore dito .. lets just call it for the meantime .. the rule of whole numbers)  ... if im to buy SSI .. id wait for the macd histogram to go below 0 again .. or wait for SSI to close above 3 pesos before buying ...

* 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.

TRANSACTION (06 JUN 2017)

Posted: 06 Jun 2017 05:00 PM PDT

sold remaining FDC

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