Like a phoenix, SMPH’s time to reawaken may finally have come. After being beaten to a pulp since October of last year, SMPH has stopped going down in March and has tried gathering strength to reverse itself. There is a possible bullish divergence but it remains to be seen if SMPH’s time to rise is really here.
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Cebu Seminar Schedule:Oct. 17-19, 2008 - Baseline
For Sept. 8 -12
The most significant thing that happened to the PSEi this week is that it has brought itself back above 2700 again and has tried to break the 130-day moving average.
