Saturday, October 22, 2016

chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (22 OCT 2016)



MWIDE chart as of 21 OCT 2016 
(click on the chart to enlarge)

remarks: 


1. MWIDE closed higher to 15.94 ... topping the previous closing high of 15.92 ...

2. the macd histogram is higher but is still below the 0 - horizontal ..

3. resistance: 16.40 ...

4. it is possible MWIDE is starting a new range ...

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 (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.