Jollibee Foods Corporation #JFC

JFC Daily Chart

NOTES:

• Major trend: Bullish
• Short term term: Up
• Seller's area: 237.40
• Buyer's area: 226.80
• Strong momentum
• Let's see if it will retest the previous breakout point after the release of cash dividends (probably this April.)

Manila Electric Company #MER

MER Daily Chart

NOTE:

• As expected, some shares were unloaded after the ex-div date. If 315 support level will hold, expect some bounce to its resistance level at 332/337. If not, next support is at 312/303.

Metro Retail #MRSGI

MRSGI Daily Chart

NOTES:

• Main trend: Bearish
• Short term trend: Up
• Seller's area: 4.05/3.97
• Buyer's area: 3.73/3.81
• Strong momentum
• Buyers > Sellers