{"id":323625,"date":"2023-06-14T06:06:18","date_gmt":"2023-06-13T22:06:18","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=323625"},"modified":"2023-06-14T08:58:35","modified_gmt":"2023-06-14T00:58:35","slug":"technicals-talk-megaworld-corp-meg-14-jun-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-megaworld-corp-meg-14-jun-2023-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Megaworld Corp (MEG) – 14 Jun 2023 by Regina Capital Development Corp."},"content":{"rendered":"
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\"\"<\/figure><\/div>\n\n\n
<\/div>\n\n\n\n

Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>MEG<\/td><\/tr>
Company Name<\/strong><\/td>Megaworld Corp.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>14 Jun 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 1.97<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 2.07<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

MEG shares have been consolidating within a range, making for some good trades for investors looking to trade sideways. <\/p>\n\n\n\n

RSI levels are neutral at 44.27 and ATR levels are currently low, showing low volatility for the stock. MACD histograms are showing selling pressure, however this is starting to show less pressure as histograms decline. <\/p>\n\n\n\n

The stock should prove attractive to investors looking to trade the range. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Our Partner Broker’s Recommendation<\/h2>\n\n\n\n

Trade the Range.<\/p>\n\n\n\n

Weekly target: 2.04.<\/p>\n\n\n\n

Support: 1.97.<\/p>\n\n\n\n

Resistance: 2.07.<\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

MEG shares have been consolidating within a range, making for some good trades for investors looking to trade sideways. <\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-323625","post","type-post","status-publish","format-standard","hentry","category-technicals-talk","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=323625"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323625\/revisions"}],"predecessor-version":[{"id":323629,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323625\/revisions\/323629"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=323625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=323625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=323625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}