Archive for January, 2012
The Philippine Stock Exchange Index (PSEi) is now range trading between 4580 & 4750. This should be good for us as this could mean that it could settle at these levels first before it climbs to higher levels.
The index is way above the moving averages that we already sense the uptrend in effect even before [...]
The Philippine Stock Exchange Index (PSEi) isn’t finished in making history as we ended the week at a new all time high level of 4747! Things are definitely getting much better.
The moving averages will soon be in the bullish setup as the index continues rising. The MACD also continues going higher as the record breaking [...]
The Philippine Stock Exchange Index (PSEi) has achieved a new all time high of 4663! And then it slumped from there. We noticed that as the index was rallying to new heights, it backed off at 4591 initially because it hit the resistance of the long term trendline that we drew since March 2009. This [...]
The Philippine Stock Exchange Index (PSEi) outdid itself this week as it raced to come near the all time high of 4563. This is definitely a good sign as it already negates the initial bearish pattern we thought was going to take place.
Much like the DJIA, the index has been trading much higher than the [...]