MER chart as of 12 APR 2017
(click on the chart to enlarge)
remarks:
1. MER closed higher to 284.00 ... up .42% ...
2. resistance: 284.60 ...
3. the macd histogram is above the 0 - horizontal ... it is higher ...
4.
hold lang ako sa MER ... tumataas pa e ... the last price decline of MER was due to the price adjustment related to the dividend going ex-date ... i did not sell since mababa naman yun stop loss ko in anticipation of the dividend going ex-date ... hindi naman tinamaan ... with the dividend .. MER is trading at an equivalent price of 293.30 ...
* what is a "short term trend follower"
* 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
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.
