MEG breakout update

Megaworld Corporation

MEG is on a breakout continuation today from a Pennant pattern after it broke the immediate resistance at 4.11. The projected target price of this breakout is around 4.75.

*Kissed today the next resistance at 4.19.
*Potential major resistance zone around 4.40~4.50.

See previous analysis of this Pennant pattern breakout including recommended trading plan:
https://psetrends.blogspot.com/2017/04/meg-on-another-potential-breakout.html


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