Thursday, November 9, 2017

chart monitor: MER/MANILA ELECTRIC COMPANY (09 NOVOCT 2017)


MER chart as of closing of 09 NOV 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

1. the macd histogram is above the 0 - line ... it is higher ...

2. MER closed higher to 297.00 ... up 0.47% ... 

3. ill just continue holding MER ... it went to as high as 303.60 today (52 week intraday high) ... maybe ill move my stop to 290 na ...

* 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 (my values for the indicators are the default values used in the INVESTAGRAMS charts) ... 





------------------------------------------------------------------------------------------