Wow! was anyone trading GLO? It had a gap down pala yesterday and crossed 2 MAs... to me it looks like a breakdown of a descending triangle... with target of 1100... tama ba?

Actually GLO did not only GAP Down with Volume...it actually violated its Supporting Trend Line...worst...it closed low last Friday 1/12/2007

The Trend of GLO is Down...so I recommend a sell on strength

The next support of GLO could already be at Php1155, its previous peak

Baka naman sell on rally.

After reachinng a high of 1445 on 1Feb07 GLO has steadily been recording lower highs and lower lows... In what the one of the masters has seen a flag formation... GLO has a parallelogram that has a downward slope against the very strong upward move on 31Jan07...

Wat concerns me is the news going around about the troubel the GLO is dealing with NTC with regards to its unlimited service... I heard hearsays about it for 2 days now... it would be nice to see how this plays out and how "the price discounts everything" rule/tenet apply

There is IMO an aggressive demand/support line is peg right now around 1355/1360 slightly above the parabolic SAR of 1347 RSI now at 49 and MACD still signalling a buy long... good luck to those who are trading glo

Tenet #1 would be really applicable if and when prices start moving up again while there's the overhang of that troublesome unlitxt issue. Fundies will ask, what gives? WHY?

Depende na talaga yan on when aakyat si GLO.

Coming soon! Happy Valentines! :wink:

CASH DIV P33.00 per share
Ex-Date 14-Feb-2007
Recor Date 19-Feb-2007
Payout Date 15-Mar-2007