Saturday, June 17, 2017

if i were a short term trend follower*: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION

17 JUN 2017


remarks

1. MWIDE closed lower to 19.26 ... ... down 0.93% ....

2. the macd histogram is below the 0 line ... it is lower  ...

3. MWIDE is in a range right now ... 18.56 - 19.86 .. and it is almost in the middle of the range at the moment ... 

4. if i were a short term trend follower ... id wait muna for MWIDEs histogram to be rising as well as the price ... before considering to enter ...

* 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.



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