Friday, May 30, 2014

MEG/MEGAWORLD CORPORATION (30 may 2014)


meg chart as of 30 may 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is < 0; is higher

2. 20 < sts < 80; is higher

3. support: 4.50, 4.44

4. resistance: 4.88

5. the magicians were at work again at the close ... lifting meg to 4.70 with huge volume  ... 


click here for 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