Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Monday, June 20, 2016

ABS-CBN Corporation #ABS

ABS Daily Chart
NOTES:

  • Main trend: Bearish
  • Short term trend: Downtrend
  • Buyer's area: 48
  • Seller's area: 49-51
  • With the volume spike last 6/8/16, it seems that sellers are now exhausted.
  • LL + HL = Bullish divergence


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