MEG (Megaworld Corporation)

[genkumag]

Potential falling WEDGE in a downtrend. Might be good for some 9% to 23% return.

Entry price: 1.38 to 1.40
Target price: 1.70
Resistance: 1.50

Your comments will be most appreciated.

[yeahbah]

I like it.

Here's my chart.

Tsupiters: 1.58 - 1.65

meg.png (179.24 KiB) Viewed 2296 times

[aiu1225]

been holding meg for the longest time, is it possible that the price will go lower than 1.38?

[mhanz794]

based on yeahbah's chart....possible support 1.30...pede na pasukin kung magstay at this level baka magbreakout sa falling wedge pattern

[yeahbah]

My chart doesn't recommend a buy at 1.3. Buy only if the resistance line is broken(with volume). MEG may go down still, possible 1.2.

[mhanz794]

aray ko...anyway tnx for the advise...see u @ 1.20 MEG

[aiu1225]

aray ko dn.. dami ko nito sa 1.36, 1.38, 1.46 at 1.52..

[harley]

agree with yeahbah, buy lang if breakout sa downtrend. mukha din kasi syang shampoo.

[julia]

this is it !!!

[yeahbah]

this is it what? he he

My chart posted on Nov 25 still applies. I'm hoping MEG would find support near 1.2. If that fails, I'll be looking at piso.

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