Thursday, January 12, 2012

11Jan MPI - Metro Pacific Investments Corporation

A Potential Bearish Butterfly Pattern is forming inside the Triangle. However, I am still not that confident if it will go to the patterns target price at 3.83 coz of the possible RSI Bearish Divergence. Upward momentum is weak for now. It needs to break 3.72 and RSI (14) 61.55 to negate the RSI Bearish Divergence. Let's see.

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1 comment:

  1. NostengJanuary 12, 2012 at 9:13 PM

    Thanks for the update sir. Hold pa rin ako dito :D

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