MRC chart as of 19 APR 2017
(click on the chart to enlarge)
remarks:
1. MRC closed higher to 32.5 centavos ... up by 3.17%
2. resistance: 33.5 ... 36 centavos
3. the macd histogram is higher ...
4.
ill continue holding ...
5. traders will opt to sell na at these levels ... lalo na those who are day traders ... but im not a day trader ... im a short term trend follower ...
6. im a member of this whatsapp chatroom ... di pa naman ako nagsasalita (the otherday lang ako isinali .. premium ang membership kasi dito .. may bayad hahaha .... well of course ako wala ... or i wont be a member .. potah magbabayad ba ako? hahaha .. anyways ... kung kelangan lang ako magsasalita then i would speak as i promised the chatroom owner) ... pero potah ... kung ano ano talaga mga buladas ng mga traders doon about mrc ... e simple lang naman ang strategy .. to buy .. hold ... and sell the stop loss ... e sila .. kung ano ano pinagsasabi ... kesyo bigger cup daw.. kesyo textbook daw yun pattern ng mrc ... mga ulul! ... haaaay!
7. for my previous MRC posting click here: chart monitor: MRC/MRC ALLIED INCORPORATED (17 APR 2017)
* 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
for more philippine stock market views and information please check:
FINANCE MANILA
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!