PSEi - MER
MERALCO Sold my shares when it failed to break above the resistance trendline (which used to be support trendline). MACD was peaking and RSI was at overbought level. Multi-year resistance around PhP400 -- it can resume its upward move if it can consolidate above this level. In the meantime, this is a stock I like buying on dips (below P300) and hold for 2 years of so. High dividends can be enjoyed while holding. TAYOR YMMV DYOR (chart from investagram)