MER chart as of closing of 01 DEC 2017
the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)
1. the macd histogram is below the 0 - line ... it is lower ...
2. MER closed lower to 305.40 ... down 3.05% ...
3. MER filled the gap formed during the 13 - 14 NOV 2017 trading (MER holders prior to the gap continue selling until there is no profit to realize anymore) ... if i were a short term trend follower* and i want to buy MER ... wait pa den ako ...
* 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) ...
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