Tuesday, June 21, 2016
chart monitor: MPI/METRO PACIFIC INVESTMENTS CORP. (21 JUNE 2016)
mpi chart as of 21 june 2016
(click on the chart to enlarge)
1. mpi hits another high today at 6.91 ... (i made an error yesterday in saying that mpi's highest intraday was at 6.69 ... however, it was 7.10 made in June 1, 2009) ...
2. resistance: 7.00; 7.10 ....
3. short term trend followers wll just continue on holding to their mpi's (selling when prices hit their stops) ....
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STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!
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