Tuesday, June 7, 2016

chart monitor: MPI/METRO PACIFIC INVESTMENTS CORP. (07 JUNE 2016)


mpi chart as of 07 june 2016 
(click on the chart to enlarge)

remarks: 

1. mpi closed at 6.40 ...

2. support: 6.35 ...

3. mpi breaches the 6.35 resistance and reaches an intraday high of 6.48 ...

4. breakout artists may buy into the breakout ... short term trend followers are just sitting pretty waiting for the sell signal ...


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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