Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Wednesday, March 19, 2014

Price Break Above Resistance With High Volume: MPI

Metro Pacific Investments Corporation (MPI)

  • Price breakout from symmetrical triangle
  • Potential MACD crossover (bullish)
  • I personally see this chart as downtrend, moving above 200MA will confirm uptrend movement.
  • Target price Php 5.35
  • Trade at your own risk.  Due diligence is a must.

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