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| MER Monthly Chart |
- Main trend is bullish.
- Moving sideways.
- Price is above 50MA.
- Next resistance is around 350.
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| MER Daily Chart |
- Declared cash dividends yesterday, Feb 28, 2017.
- Rate: Php9.30 (regular + special)
- Ex-div date: Mar 22, 2017
- Record date: Mar 27, 2017
- Payment date: Apr 21, 2017
Possible scenario after the ex-div date:
- May break the 290 level.
- Move near support level at 280 area or close to 50MA.
- Return to its previous support at 260 area.
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