Monday, November 6, 2017

if i were a short term trend follower*: MEG/MEGAWORLD CORPORATION (06 NOV 2017)


MEG chart as of closing of 06 NOV 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:
1. the macd histogram is above the 0 - line ... it is higher ...

2. MEG closed higher to 5.70 ... up 1.06% ... 

3. if i were a short term trend follower* ... and i want to enter MEG ... id look for other stocks na lang ... mataas na ang histogram e ... if i already have MEG ... sell ako pag tinamaan ang stops ko ...

* what is a "short term trend follower"
* 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 (my values for the indicators are the default values used in the INVESTAGRAMS charts) ... 





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