Posts tagged ‘pse mer’
Reference Chart – MER
Trading Buy
Previously last last August 12, 2013
sacredspader Wrote: Mga sirs gud am ask ko lang po, if for example pumasok ako sa MER with 50% of my capital nung around 300+ days before sell off ng SMC shares (@270/share) at medyo stuck ako sa 290+ average using a total of 70% of my capital. Is it advisable to average it down using my remaining capital and leave it long term or pull it out and try other stocks? I know it really depends on my financial plan pero in your opinion, what is the best thing to do at this point?
Daily Chart. W-pattern, double bottom based on rsi bullish divergence. (see green circles)
Spotting Divergences at NewsL!tter 3
I’ll smoke what MER is smoking
Paalala lang po. Smoking is BAD for one’s health. I wish i can QUIT, Futek!
Despite trigerring a PHR (parabolic high risk) and having a paraburst, MER did pretty well in this market puke bath (kasawa na ang blood bath e). aling pATRing’s continuous accumulation of MER have spared its fate to oblivion (naks, may pa obli obli pa, ano yan estatwa sa UP). I remember aling pATRing’s support for PCOR when most funds dump the stock at the 10-peso levels. I salute you.
Daily Chart
Weekly Chart (reference: goku circa 2008)
Parabolic Alert – MER in PHR Status
@ 380, daily rsi > weekly rsi in parabolic status.
Reference Chart – MER
Daily Chart. Near 50ma but rsi level 50 too far. Suggest selling waning.
300
Mega cross sale worth 3.8B pesos were executed today at 300 pesos per share. Is this the last block sale? I don’t know but basing on the best offer of 295, there are some who are think 300 is enough.
Meralco stocks continue hot streak
Meralco stocks continue hot streak
By Zinnia B. Dela Peña Updated July 29, 2009 12:00 AM
MANILA, Philippines – Shares of power utility giant Manila Electric Co. (Meralco) continued its hot streak as its price zoomed up 21.1 percent yesterday on renewed speculations the company’s major shareholders are on a sustained buying binge to tighten their grip on the company.
Meralco shares peaked at P275 per share before closing at a new record high of P272.50 yesterday, an increase of P47.50 from the previous close of P225.
A total of 3.08 (million) shares were crossed at the market yesterday valued at P787.96 million, including two block sales facilitated by Macquarie Securities Philippines Inc. and Summit Securities. Data from the Philippine Stock Exchange showed 1.598 million shares were sold in two transactions consisting of 829,000 shares at P251 each share and 769,000 shares at P250 apiece.
Read the rest
Meralco (PSE: MER)
On Broker’s Analysis
Huge crosses again mostly at 250/share. My boss is happy as he was amongst those who executed 1 of the 3 blocks (other 2 were Wealth and Macquarie Securities).
Daily Chart
Weekly Chart
Monthly Chart
It just came to my mind, how many points did Meralco’s 5-fold rise contributed to the PSE index?
In Danger Zone – Meralco’s Parabolic (PSE:MER)
searching parabolic curves in this blog will at least give you an idea what it can do. paracurves are the most extreme pattern of all. in short, parabolic curve is the mother of all pattern. but once it burst…..
Spyfrat's Call 
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