Monday, April 3, 2017

chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (03 APR 2017)


MWIDE chart as of 03 APR 2017
(click on the chart to enlarge)

remarks:

1. MWIDE closed lower to 17.30 ... down 1.14% ... 

2. resistance: 18.42 ... 

3. the macd histogram is lower  ...

4. short term trend followers* may have already exited MWIDE as it breached many possible stop loss prices ....


* 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!


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