JP MORGAN is the TOP BUYER of MCP (Melco Crown Philippines). JP Morgan is also the TOP BUYER last DEC 26. Check this LINK
This is what happened on the last trading day December 29.2015. Morning 1 Minute Charts indicates this is a BULLISH TREND!! Check out those GREEN candles!!!
Afternoon trade was also Bullish with a few sell-off points.
Before the closing BELL charts: If you bought at 2.20 , it was the support!!! Congratulations!! Then suddenly it went all the way up to 2.29.
So whats our take on MCP? Here's our chart for this year!
We are still bullish that MCP can go higher for this year(LINE A, a slight pullback on LINE B and BOOM a BIG Rally on C. We need to confirm it with strong earnings and growth.
As we always advise , PROFIT is PROFIT and SELL when happy. Always protect your capital and set your cutloss points. The Chart is your Friend, listen to the charts.
Tomorrow will be its third green candle, this is a RED ALERT STAGE. Profit taking is imminent. This will happens so fast and BOOM suddenly your gains are wipeout!
LETS GO BACK WHERE IT ALL STARTED WITH MCP, Click This LINK
ION LOVERS heres your UPDATES
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