*Buy at current prices to trade the breakout.
*Resistance levels are at 31.70, 32.30 and 33. Support levels are 31, 30.70 and 30.
Showing posts with label MWC. Show all posts
Showing posts with label MWC. Show all posts
Sunday, March 5, 2017
Manila Water Corporation (MWC) – Rectangle Pattern Breakout
*Buy at current prices to trade the breakout.
*Resistance levels are at 31.70, 32.30 and 33. Support levels are 31, 30.70 and 30.
Monday, April 28, 2014
MANILA WATER COMPANY, INC. (MWC) - April 28, 2014
Technical View
Daily Chart
> MWC completed the Bearish ABCD Harmonic Pattern last last week. The Potential reversal Zone
is also in confluence with Median Line of Andrew's Pitchfork (RED).
> Support is at Lower Median Line of Andrew's Pitchfork (RED). Further support is noted at 20MA@25.
> RSI is currently at 59.28 (Based on 30-Day Period). Support at 50.
#Caveat
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
Daily Chart
> MWC completed the Bearish ABCD Harmonic Pattern last last week. The Potential reversal Zone
is also in confluence with Median Line of Andrew's Pitchfork (RED).
> Support is at Lower Median Line of Andrew's Pitchfork (RED). Further support is noted at 20MA@25.
> RSI is currently at 59.28 (Based on 30-Day Period). Support at 50.
#Caveat
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
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