Tuesday, April 25, 2017
chart monitor: MRC/MRC ALLIED INCORPORATED (25 APR 2017)
MRC chart as of 25 APR 2017
(click on the chart to enlarge)
1. MRC closed lower to 39.5 centavos ... down 9.20% ...
2. resistance: 48.0 centavos ...
3. the macd histogram is lower ..
4. short term trend followers* should have taken profits na with their stops ... and just buy bak again when the proper macd histogram position comes ....
5. for my previous MRC posting click here: chart monitor: MRC/MRC ALLIED INCORPORATED (24 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
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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!