Happy Halloween everyone! I don’t want to scare you or anything but it seems that there could be another blood bath in the US market at least from a technical perspective. Let’s now take a look at the Dow Jones...
Read MoreIn my analysis, the Euro could further weaken against the US dollar currency pair (EUR/USD). If you look at its 8-hour chart posted on the canvass, the forex pair tested the established resistance of the 1-month descending...
Read MoreManny Pangilinan-chaired Philex Mining Corporation or PX in the Philippine Stock Exchange had made a nose dive after hitting alightly past Php 28.00. The question now is, will PX be able to reverse its recent demise? Basaed on...
Read MoreWhile the outlook of the Philippine Composite Index seems somewhat bleak (please see my post on the PCOMP here), the Philippine Mining & Oil sector or PMINI appears to be the only one that could turn north. The PMINI had...
Read MoreIn my point of view, IP E-Game Ventures, Inc. or EG as listed in the Philippine Stock Exchange could be bottoming given its current technical setup. The stocks have moved passed above the 50, 100 and 200-day moving averages...
Read MoreThe outlook for the Philippine Composite Index (PCOMP) has turned sour when it broke its long term support a couple of weeks back. Over a longer term, though, it seems that the index could fall into a deeper ditch. But...
Read MoreThings appear to be a little bit more gloomy for the Philippine Stock Exchange Index or the PSEi in the near term at least from a technical perspective. As you can see from its daily chart above, the PSEi or the PCOMP has...
Read MoreTechnically, Universal Robina Corporation or URC in the Philippine Stock Exchange recently broke down from its primary trend which is the 2-year uptrend along with a head and shoulders formation. If you notice the MACD...
Read MoreLast July, Global-Estate Resorts, Inc. (GERI) broke out from a 6-month symmetrical triangle formation which propelled its stock price to surge by more than 30% within 2 months. If you notice the symmetrical triangle flirted...
Read MoreJust last September 8, 2011, the shares of SM Prime Holdings, Inc. or SMPH in the Philippine Stock Exchange caught the market’s attention when it suddenly rose by 3.87% on a huge volume to finally break the Php 12.00...
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