Thursday, February 6, 2014

just charts: MEG/Megaworld Corporation (06 feb 2014)



meg chart as of 06 feb 2014 
(click on the chart to enlarge)

remarks: 

1. meg closed @3.58 ... 2.29% higher than yesterday ... 

2. the macd histogram turned up ... however the sts continues to decline ..

3. resistance: 3.65 ... support: 3.45

4. just my notes ...


for an explanation of the indicators ... click: here 
for reference .. you may also want to read: my trading rules


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