Wednesday, May 8, 2013

The Ninja Stock Monitor: MPI (08 may 2013)



selected technical indicators of PSE-listed stocks

08 may 2013 closing prices

mpi (metro pacific investments)  

c: 6.19(+)
s: 6.11, 6.07, 6.0
r:  6.20, 6.28, 6.33
vol: (-)
macd: >0
macd histogram: >0
macd histogram direction: down/lower
rsi: 67.48(+)
sts: 79.5(-

for an explanation of the indicators ... click: here 



mpi chart as of 08 may 2013 
(click on the chart to enlarge)

remarks: 

1. mpi again closed short of finally settling above the 6.19 resistance altho it went up to 6.20 intraday ... 
2. the macd is above 0 altho the histogram slid slightly lower today .. the rsi and sts (sell signal) are @ or just near oberbot levels ...
3. im still holding on ... thinking of adding a few more mpi's if it advances past its 6.33 intraday resistance in the coming days ..
4. im still convinced that mpi will have more positive volatility as it approaches its asm this month and the reverse stock split/par value change proposal is approved ..

previous MPI posts:

The Ninja Stock Monitor: MPI (04 may 2013)

for reference .. you may also want to read: my trading rules

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