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

Sunday, June 18, 2017

Ayala Corporation #AC

AC WEEKLY CHART

  • WEEKLY Chart: main trend is bullish however it is forming a double top which is a bearish reversal signal.  Lookout for the MACD crossover, if it falls below the negative zone, next support might be around the 200MA (728).  STS is also on the overbought zone and is now crossing below the 80 zone which is a sell signal.

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