Wednesday, July 27, 2016

chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (27 JULY 2015)



mwide chart as of 27 july 2016 
(click on the chart to enlarge)

remarks: 


1. mwide closed higher to 10.70 ... after hitting 10.82 intraday ... 

2. the macd histogram is higher ... 

3. just adjusting my stops ... 

4. short term trend followers may still want to buy into mwide ... following the adage: "buy high ... sell higher ..." ... but im the trend follower who does that only after i have a base at the bottom already .... my subsequent buys would only be add ons to already existing stocks ...


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.