MEG Stock Analysis: Buy While Foreign Investors Are Selling Or Don’t Be a Contrarian?
Megaworld Corporation (PSE:MEG) continues to move away from the 10SMA toward the southward direction. Even if the foreign investors are net buyers year-to-date, they’ve been net sellers for three consecutive months already. What should you do if you have MEG or if you’re planning to do a test-buy? Read our latest technical analysis on MEG to learn more.