Friday, October 7, 2016

chart monitor: 2GO/2GO GROUP, INC. (07 oct 2016)


2GO chart as of 06 oct 2016 
(click on the chart to enlarge)

remarks: 


1. 2GO closed higher to 7.65 after breaching the resistance at 7.60 ... 

2. the macd histogram is higher ...

3. resistance: 7.70 ... 7.80 ... 7.89 - 7.90 ...

4. after spending sometime in the 7.10 - 7.60 level ... 2GO breaches the 7.60 priceline .. hopefully it stays above 7.60 this time ... 

5. based on past price action ... this is not for price chasers and active traders ... 

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.