Tuesday, May 30, 2017

MEG hit the recent breakout TP

Megaworld Corporation

MEG has recently hit the measured TP from a bullish Pennant pattern breakout at 4.75.

See previous analysis for reference on recent breakout pattern:
https://psetrends.blogspot.com/2017/04/meg-breakout-update.html

Trading Plan
- Take some profit or scale down position.
- Profit run the rest of the position.


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