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

Monday, June 27, 2016

Manila Water Co Inc #MWC

MWC Daily Chart
NOTES:

  • Main trend: Bearish
  • Short term trend: Sideways
  • Seller's area: 28
  • Buyer's area: 26
  • After the uptrend, this stock is slowing down and moving sideways.
  • If support level around 26 will hold strong, there's a probability that it will breakout from the resistance zone at 28.

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