Today's Pricce Signal
Stock: METRO PACIFIC INVESTMENTS CORP (MPI)
MPI trend chart (June 2015 to Nov. 2017); Exhibit 1
Clearly pictured that MPI is performing for the last 2 years.
RS1 - price movement that is more likely to follow depending on current momentum
RS2 - price movement that is more likely to follow when market goes bullish
RS3 - price movement that is more likely to follow when market goes bearish
Notes:
-tools/techniques used: Support and Resistance Levels, Fibonacci, Trend; see chart as reference
-tools/techniques used: Support and Resistance Levels, Fibonacci, Trend; see chart as reference
-timeframe: 6 to 7 months
-possible break out at 7
-possible break out at 7
-buy at 6.5
-sell at 7, 7.5
-stop loss at 6.3, 5.9
*****
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