Is this a reversal in the making? Looks like a head and shoulders to me. Watch out for a breakout above the neckline estimated at P3.15. MACD is about to cross the signal line.Looks bullish to me. Attack upon breakout!
Showing posts with label MIC. Show all posts
Showing posts with label MIC. Show all posts
Wednesday, September 24, 2008
MIC My Day
Is this a reversal in the making? Looks like a head and shoulders to me. Watch out for a breakout above the neckline estimated at P3.15. MACD is about to cross the signal line.Looks bullish to me. Attack upon breakout!
Tuesday, January 8, 2008
MIC Test, MIC Test
Yesterday, MIC closed at it's low of P5.7. I thought that it has broken it's line of support. A look at my chart today shows otherwise. It is still in consolidation within a bigger triangle with breakout point at around P7.00 and support at around P5.70. I'll wait for that 7 before I take another position on this one.
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