Tuesday, December 13, 2016

chart monitor: MER/MANILA ELECTRIC COMPANY (13 DEC 2016)


MER chart as of 13 DEC 2016 
(click on the chart to enlarge)

remarks:

1. MER closed lower to 258.00 ... 

2. the macd histogram is higher ... 

3. support: 256.60 ...

4. waiting for my entry .... 

*these notes are mine alone ... and are for sharing with short-term trend followers 

for more philippine stock market views and information please check:

FINANCE MANILA



STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!



p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.