MAXS' Stock Massively Up after Breakout from DownTrend | Marvin Germo

MAXS’ Stock Massively Up after Breakout from DownTrend

By: Marvin Germo | January 6, 2015

Not only known for its sarap to the bones chicken but now it’s getting known for its price movement upward in Philippine stocks!  MAXS is now up 47.4% since December 12, 2014.

If you take a look at the chart below it broke out from 18 – 19.4 resistances to bring it away from the downtrend that plague the stock since September 2014.

If momentum pushes through the stock may go even higher.  It has to break resistances at 26.50 and 30 though to progress even higher.

MACD is showing bullishness and upward change of direction for the stock!  Exciting days ahead for those who bought according to their plan and strategy!

MAXS Jan 6 2015

Hope this chart helps you even further as you trade and invest in the market for 2015!

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Stock Smarts UAE 2015

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*Photos via google search
*Charts via chart nexus