Just saw this from UTrade, it’s an IOS apps similar to First Metro Sec. I hope BPI Trade and BDO Nomura use this apps as their mobile trading platform.
Today i tried using Know Sure Thing as indicator to analyze if we have a buy/sell signal or confirmation of trends for JFC
KST is developed by Martin Pring, it shows overall momentum of a stock.
As you can see from the image the KST cross the signal line which means a buy signal, lets just hope it stays above until it reaches the zero line to confirm an uptrend.
Update: As of last day JFC is trying to break the first Resistance at 199.9, although Net Foreign is dumping their shares.
MA20 is now on Bullish side, the next MA is still way far but lets hope it reach soon
|MA 20||193.1950 ( BULLISH )||194.4706 ( BULLISH )|
|MA 50||199.7440 ( BEARISH )||198.8381 ( BEARISH )|
|MA 100||204.2620 ( BEARISH )||206.4522 ( BEARISH )|
|MA 200||225.45 ( BEARISH )||214.6432 ( BEARISH )|
This is my personal view on $SM
Analyzing the chart above we can see that the Moving Average is perfectly in play and we don’t see any sign of slowing down.
DMI although below 30 but still pointing upward so it may hit that point. I use DMI to check if its time to Enter a stock, the green line should be above the red line and the blue line should be above 30.
Other indicators are all Bullish, except for VolumneSMA(15)
Here’s investagrams table of Moving Average and Indicators
|MA 20||662.20 ( BULLISH )||672.1229 ( BULLISH )|
|MA 50||673.85 ( BULLISH )||669.1411 ( BULLISH )|
|MA 100||663.9250 ( BULLISH )||667.6400 ( BULLISH )|
|MA 200||668.8333 ( BULLISH )||659.7077 ( BULLISH )|
Caveat: trade at your own risk
Practise chart observation. Correct me if im wrong.
Setup ko is Stochastic, here yung red line di pa umaangat but its good na nasa baba sya
RSI wala pa sa 30 para maging oversold pero data shows na foreign is buying now.
Note: wala ako nito, just practising charts 🙂
But divide your investments among many places, for you do not know what risks might lie ahead.”—Ecclesiastes 11:2,