My Trade Analysis for Megaworld (MEG)
MEG breakout with its resistance at 12-month high!
That is the reason why I added it to my current holdings. This will be a trade using the Margin Account. This will receive an allocation of P1M to buy 170,000 shares.
Stop Loss at P5.90 and Target Price at P7.05 which is lower than COL’s fair value of P7.20.
Let’s see what will happen in the next few days.