Showing posts with label MER. Show all posts
Showing posts with label MER. Show all posts

Monday, February 14, 2011

Thursday, February 10, 2011

Manila Electric Company (MER)



Trending down in an accelerated manner. Bearish flag breakdown at 224.
Hypothetically short at 119. Looking to cover(initial) at 200.
If it breaks below 200, best level to cover is at 156.