MEG IS MOVING | Marvin Germo


By: Marvin Germo | September 7, 2017

In a general market that is going sideways, the best way to make money is to select good stocks like BLOOM and MEG that are still trending up! Money is made in the market when you have full conviction in what you are doing and you know how to stick to uptrends and not sell to quickly! MEG just did something recently that is worth nothing and which may be a catalyst to bring the stock higher!

Catch me in my live training events! (quick plug)


For position traders, similar to BLOOM the stock is steadily progressing in its uptrend! The main reversal point for the stock was when we gave a buy signal when it broke out from the 4.1 resistance range! With that we saw the stock move up 27% already on the backs of its steady uptrend. As the stock is still bullish and is still in its uptrend, we don’t have any sell signal yet for the stock. Please exercise patience to hold on to the stock while it is still pushing upward. All indicators are also showing bullish momentum upward.

The stock broke out of the 5 Pesos just today! If it stays above 5, then we get to see MEG have a chance to 5.5 to 5.7! Please set your target prices at those levels! If it fails to breakout of 5.5 to 5.7, quick traders may now take profits on the stock! Also please sell the stock should MEG fail to hold above 5! Either way if you bought at the initial break out prices, you will take profits as long as you sell anywhere above 5!

MEG target price


New book and other books on Investing, Business and Finance.

Stock Smarts Book