LMG on a potential breakout from sideways consolidation (measured breakout TP=6.35).
Technical Analysis of stocks listed in the Philippine Stock Exchange
Showing posts with label LMG. Show all posts
Showing posts with label LMG. Show all posts
Wednesday, April 19, 2017
LMG potential breakout
LMG Chemicals Corporation
LMG on a potential breakout from sideways consolidation (measured breakout TP=6.35).
LMG on a potential breakout from sideways consolidation (measured breakout TP=6.35).
Thursday, March 16, 2017
LMG breakdown
LMG Chemicals Corporation
LMG breakdown was bound to happen after the distribution activity. Prior warning pattern became more significant after it was followed by a few reversal patterns and its failure to create new highs.
*Its now back to the previous breakout point.
Previous analysis:
https://www.facebook.com/PSETrends/photos/a.1312337302188343.1073741833.765291220226290/1312337535521653/?type=3&theater
LMG breakdown was bound to happen after the distribution activity. Prior warning pattern became more significant after it was followed by a few reversal patterns and its failure to create new highs.
*Its now back to the previous breakout point.
Previous analysis:
https://www.facebook.com/PSETrends/photos/a.1312337302188343.1073741833.765291220226290/1312337535521653/?type=3&theater
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