chart monitor: MER/MANILA ELECTRIC COMPANY (01 may 2016)

mer chart as of 29 apr 2016 

(click on the chart to enlarge)

remarks: 

1. im not a buyer of mer at the moment ...

2. my buy point is when the macd histogram is at the bottom ... like in the illustration above ...

***my facebook account has been blocked by facebook management ... if you happen to like this post .. could you kindly share this in your facebook timeline and to facebook stock market groups you belong to? thanks ...  

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!

click here for an explanation of the indicators ...  

click here for my trading rules

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