Wednesday, March 22, 2017

chart monitor: MG/MILLENNIUM GLOBAL HOLDINGS INC. (22 MAR 2017)


MG chart as of 22 MAR 2017 
(click on the chart to enlarge)

remarks:

1. MG closed higher to .305 ... up 17.31% ... 

2. resistance: .34 centavos ... .39 centavos  ...

3. the macd histogram just crossed the 0 - horizontal ... it is higher ... 

4. adjusting my stops ... the stock reacted to the disclosure to the exchange as follows:
Please be informed that Millennium Global Holdings, Inc. (the "Company") received today the approval of the Securities and Exchange Commission on the Company's application for further "equity restructuring to partially wipe out the deficit as of December 31, 2015 in the amount of P924,255,607.00 against the additional paid-in capital of P820,128,895".

5. i may add some more pero at what price? siguro at 40 cents? hmmm ...



* these notes are good only for the next trading day ... and NOT for the subsequent trading days 

* these notes are mine alone ... and are for sharing with short-term trend followers

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