Company: Metro Pacific Investments Corp.
Support: 4.29 / 4.15
At 4.29, MPI is currently testing its two-week support level. There is still some leftover bullishness though from its gradual uptrend that began in late Aug.
The RSI has developed a relatively steep downward bias though. The gap between the +DI and -DI narrowed slightly too, though the ADX remains strong. The MACD crossed over bearishly yesterday with declining histograms.
Buy when support holds.