Philippine Stock Exchange Picks: MEG

Showing posts with label MEG. Show all posts

Tuesday, June 2, 2009

PHILIPPINE STOCKS: MEG (MEGAWORLD CORPORATION) 6-2-2009

The stock value of Megaworld Corporation was successful with my minimum target price of 1.16!

Monday, June 1, 2009

PHILIPPINE STOCKS: MEG (MEGAWORLD CORPORATION) 6-1-2009

MEG has broken out! Target price on its way!

Saturday, May 30, 2009

PHILIPPINE STOCKS: MEG (MEGAWORLD CORPORATION) 5-30-2009

It's been quite a good run for MEG since March. If you bought the stock back then in the 40+ centavo area, its value is more than doubled now. The stock still has a big room for appreciation. A mini-triangle or the so-called flag (indicated by the red diagonal lines) is currently forming and bound to breakout anytime if the price surges above the resistance line (topmost red diagonal line). If everything goes well, I set my target price at 1.16. Click image to enlarge hommies!

Disclaimer

This blog is used as an online diary of the author. On the other hand, data and analysis in this blog are meant for information sharing. Due to the ever-changing conditions of the Philippine Stock Market/ Philippine Stock Exchange, information herein may change without notice. The author does not guarantee the accuracy of the analysis being posted nor does he intend to encourage viewers to act according to the recommendations. This site and its author/s shall not be held liable for any loss of the viewers' trades in the Philippine Stock Market from the use of this web site.

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