PSE Ticker

Thursday, June 3, 2010

MHC

Most technical traders would notice MHC nowadays because of its frequent joining the top gainers list. This is the reason I checked on its chart and found a Cup with a Handle forming.

However it has an immediate resistance at around 0.64(breakout point) and support at around 0.53 (buy near this but cut losses below this).

If you notice it's transactions everyday, it is very thin. It seems jockeyed to form bullish. Let's see if this gets noticed and gain volume.