Wednesday, August 20, 2014

MEG/MEGAWORLD CORPORATION (20 aug 2014)


meg chart as of 20 aug 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram just crossed the 0 - horizontal; the histogram is lower ....

2. the sts is lower

3. support: 4.13; 4.00

4. meg has been on a fall lately ... i dont see anything good in the horizon for the moment ...

5. this trade has been a bad trade for me ... shit happens ... my mistake ....


click here for 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