News / Philippine Stock Market
The index was able to move out of its channel with help from the bullish sentiment in the US.
However, there was no significant increase in the volume of the PSEi when it broke the resistance last Thursday. Therefore, I feel the breakout is highly suspect to continue to move higher.
The most prudent thing to do for now is still to keep liquid if possible. However, should there be some opportunity that would present itself, then we should consider looking at it. 
|
|
|
Related Blog Items |
- Me-Six: Technical Analysis of the Philippine Stock Market: StockWatch (Oct 27-31, 2008): PSEi
- Me-Six: Technical Analysis of the Philippine Stock Market: StockWatch (Oct 20-24, 2008) : PSEi, GLO, DGTL, PLTL
- Me-Six: Technical Analysis of the Philippine Stock Market: StockWatch (Oct 13-17, 2008): PSEi, TEL
- Me-Six: Technical Analysis of the Philippine Stock Market: StockWatch (Oct 6-10, 2008): PSEi, MEG, BPI
- Me-Six: Technical Analysis of the Philippine Stock Market: StockWatch (Sept 29-Oct 03, 2008): PSEi, JFC, FGEN, EDC, SPH
|
|
|
