MED chart as of 03 FEB 2017
(click on the chart to enlarge)
remarks:
1. MED closed higher 83 centavos ...
2. resistance: 85 centavos ...
3. the macd histogram is higher ...
4. in the chart i did last week when med closed at 71 centavos, i said "... id just do nothing muna ... mataas pa macd histogram .. waiting for the histogram to go below the 0 - horizontal ... " pero the next day .. tumaas na siya ...
5. if i were a short term trend follower* ... and i dont have MED ... id continue staying away ... mataas na e ... look for other stocks na lang muna ...
if i were a short term trend follower* ... and i have med ... id hold ... and sell when my stops are hit ....
* these notes are mine alone ... and are for sharing with short-term trend followers
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