Saturday, December 17, 2016

chart monitor: MED/MEDCO HOLDINGS, INC (17 DEC 2016)


MED chart as of 16 DEC 2016 
(click on the chart to enlarge)

remarks:

1. MED closed unchanged at 61 centavos ...

2. the macd histogram is lower ... 

3. support: 60 centavos...

4. possible to buy at this levels .. 1/3 muna ... hoping it would do another oct 17 upward push (see my oct 14 post ...  chart monitor: MED/MEDCO HOLDINGS, INC (14 OCT 2016)

5. cutloss a little below 60 cents ...

*these notes are mine alone ... and are for sharing with short-term trend followers 

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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.