Technicals Talk: Manila Electric Company (MER) – 11 May 2023 by AP Securities
Price above 200EMA.
Price above 200EMA.
Positive momentum Indicator.
Price rejection near 200EMA levels.
Potential bounce at 200EMA trail.
Here’s a commentary on an important issue or event affecting the stock market
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
Inverse head and shoulder pattern breakout.
Inverse head and shoulder pattern after bounce of range support levels.
Inverse head and shoulder pattern.
Overall, we maintain our recommendation with a Target Price of
Here’s a commentary on an important issue or event affecting the stock market
Our recommendation and 1-year Target Price for this stock is
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