Figure 1: MEG Daily Chart
Figure 2: MEG Weekly Chart
Information:
Date Bought: 08/27/2010 Buy Price: 1.89
Date Sold: 09/03/2010 Sell Price: 2.01
% Gain: 5.19%
Reason for Selling:
- It is located very near a major resistance. I am planning to wait and re-enter MEG once it was able to establish a base above this major resistance which can be clearly seen on its weekly chart.
- Moderating my greed because PSE index is already located very near my extreme target level of 3,742.
No comments:
Post a Comment