Wednesday, October 22, 2008

MWC

Manila Water Company

Last Price: 12.75

Pattern: Horizontal Support & Resistance
Support: 12.25 / 12.75
Resistance: 13.00 / 14.75
Trading Strategy: Buy if support holds

Disclaimer:

Please keep in mind that this blog contains only my personal view on practicing technical analysis and is provided for information purposes only. Past results are not necessary indicative of future performance. Any trades or investments are committed at your own risk. Always consult your own broker or analyst for any of your investment decision. Trade at your own financial risk as I assume no responsibility for your investing decisions in the markets.