Saturday, September 16, 2017

chart monitor: MER/MANILA ELECTRIC COMPANY (16 SEPT 2017)


MER chart as of closing of 15 SEPT 2017
the chart is courtesy of INVESTAGRAMS 
(click the chart to enlarge)


remarks

1. MER closed higher to 276.00 ... up 2.37% ... 

2. the macd histogram just crossed the 0 - line ... it is higher ...

3. i did not see the closing sales of MER ... but it seems the floor operators have been active again since for rest of the day .. it stayed at the 269 levels ...

4. nood lang ako ... palagay ko profit taking ito next week ...

* 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.



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