Thursday, January 5, 2017

chart monitor: MER/MANILA ELECTRIC COMPANY (05 JAN 2017)


MER chart as of 05 JAN 2017 
(click on the chart to enlarge)

remarks:

1. MER closed higher to 279.40  ...

2. the macd histogram is above the 0 - horizontal; it is higher ... 

3. resistance: 283 - 285.00 ...


* these notes are good only for the next trading day ... and NOT for the subsequent trading days ...

* 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



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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.