Friday, July 1, 2016
chart monitor: MPI/METRO PACIFIC INVESTMENTS CORP. (1 JULY 2016)
mpi chart as of 30 june 2016
(click on the chart to enlarge)
1. mpi closed higher at 6.97 ...
2. the macd histogram is higher ...
3. mpi went to as high as 7.05 before retreating back below 7 pesos ... it may go back up above 7 pesos or just hover around the 6.90s level .. short term trend followers will just play it by ear (those who have mpi will just hold on to it and sell when their stops are hit; those without mpi will just wait for the next cycle) ...
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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