Saturday, September 3, 2016

chart monitor: MED/MEDCO HOLDINGS, INC (03 SEPT 2016)


MED chart as of 02 SEPT 2016
(click on the chart to enlarge)

remarks: 


1. MED closed lower to 1.00 after hitting a high of 1.58 ...

2. the macd histogram is still rising ...

3. resistance: 1.58 ...

4. i already sold all my med at 1.11 and 1.50 ... whether it will go up again ... i know not ... but if ill buy it again ... it will be at below 1 pesos level na ...

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.