Archive for March, 2012
The Philippine Stock Exchange Index (PSEi) has been on a streak as it keeps making new all time highs. The index ended the week on a strong note as it closed at a new all time high of 5145.
The moving averages continue to trend upward together with the index. Should the index correct, we would [...]
The Philippine Stock Exchange Index (PSEi) has been practically following what the DJIA has been doing with a psychological resistance; which is it has been trying to get past that level but something keeps putting it back.
The 50 & 100-day moving averages are now racing towards the index and they are now confirming the bullishness [...]
The Philippine Stock Exchange Index (PSEi) has been flirting with the 5000 level for a few days the past week and was finally able to finish the week at its new all-time high of 5016!
The moving averages are confirming the uptrend in the index as it is now in the bullish setup where the 50-day [...]