Friday, September 26, 2014

MEG/MEGAWORLD CORPORATION (26 sept 2014)


meg chart as of 26 sept 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is higher ....

2. the sts is lower ...

3. support: 4.88 - 4.90

4. meg falls below 5 pesos ... (after hitting a new all time high of 5.30 yesterday) ... going to as low as 4.92 intraday before closing @4.97 ...

5. closed my position for now .... will just buy back some other time ...


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