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 2327 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.

viewtopic.php?f=2&t=28&start=380#p5772