Wednesday, August 17, 2016
chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (17 AUG 2016)
mwide chart as of 16 aug 2016
(click on the chart to enlarge)
1. mwide closed lower to 13.40 ...
2. the macd histogram is lower ... no macd sell signal yet ... but short term trend followers dont follow the macd sell signal ... they use sell stops ...
3. support: the psychological 13.00
4. watch lang muna hoping it goes down some more ...
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.