Disclaimer


This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security.

*** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

Mind the levels. Manage the risks. Protect your capital. Protect your gains.

Keywords

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Saturday, November 18, 2017

$MEG Study 20171117

$MEG Daily Chart as of November 17, 2017
$MEG Daily Chart as of November 17, 2017



Notes:
1. The 1,640 trades amounts to 34.29M+ shares (1.14 times the 20-day Volume Average). Net Foreing is at 98.17M+!
2. CCI turned up.
3. RSI bounced at 50 level.
4. (Fast) Stoch crossed over 20 level.
5. As the overall trend is in good shape, should you decide to acquire this stock  at 5.36, there is high probability of earning at least 6%.

Mind the levels. Manage the risks.

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