WEB Update - Feb 15, 2017
Is it time for reversal from the previous down and sideways to an up trend?
Based on my CCI observation, it is now pointing and very near with -100 which in my observation, if it continue to go up and hit above 0 then +100 then its already an uptrend weather its short medium or long. CCI as of now is moving sideways, which you can also observed with the price movement
Another observation using heikin ashi candle, we can see that the last candle is a doji which signal a weak trend that may cause a reversal from the previous trend.
The only question now is when will PAGCOR release the license to operate or rejection of the application of WEB under the new management, most player holding it is basically speculating a good turn out but again make sure to plan your trade dont chase the price nor catch falling knives.
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