Stock: MWC
Company: Manila Water Company
Support: 14.90 / 13.80
Resistance: 16.50 / 17.14
- Breakout on EMA200 above 20-day average volume.
- MACD crossover.
- Momentum recovery.
- Breakout on symmetrical triangle.
Recommendation
- Trend reversal.
- Target price: 16.50 / 17.14.
- Stop loss level: if falls further below 14.90 / 13.80.
