MCP Kiss

June 5, 2013 at 10:07 am 2 comments

Took the 10% target @ 9.90. A nice recovery is possible.

pro:
a) 12 is still more that 20% from current price, being the hard core resistance
b) RSI weekly level 50 managed to hold the attacked yesterday
c) Weekly 50ma providing much needed support

cons:
a) price still below the psycho level of 10
b) short term downtrend
c) after the weekly supports, next stop is way below

my bias: dapat pa bang e memorized yan?

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Entry filed under: Phisix's Closet (PSEi).

Reference Charts – PSEi, AC, AAPL Reference Chart – GERI

2 Comments Add your own

  • 1. Monique Bagaporo  |  June 6, 2013 at 3:50 pm

    tataas pa po ba? hehe

    Reply
    • 2. spyfrat  |  June 6, 2013 at 3:51 pm

      im selling on strength maam yung nabili sa baba. pero may ipit pa ako sa taas. naka tsamba lang nakapulot below 10. ngat po ang God bless.

      Reply

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