Archive for the ‘Technical Analysis’ Category
Are the bears about to take control of the shares of SM Prime Holdings, Inc. (SMPH)? I am confronted with this question now because it appears that SMPH is indeed primed (no pun intended) for a major correction in the near term.
In my opinion, there is a good [...]
The Lopez family-led First Philippine Holdings (FPH), much like its subsidiary First Gen Corporation (FGEN), is also poised for a move north at least from a technical perspective.
The price canvas of FPH is one of the few to be tagged as a “technical masterpiece.” After trading in [...]
Telephone giant Philippine Long Distance Company (PLDT) or TEL in the Philippine Stock Exchange made news today when it soared to an amazing 15.72% up, carrying the entire PSEi on its back.
Yes. PLDT made quite a splash as it soared from PHP 2,036.00 per share [...]
Oriental Peninsula Resources Group’s performance in 2010 was one for the records as it posted a stellar gain of about 450% inside a year. Imagine, ORE’s shares were only trading at around PHP 0.81 during the beginning of last year. And a little over a month since [...]
Let’s take a look at the chart of the Philippine Stock Exchange Composite Index (PSEi) once again. Based onmy technical analysis the last time (kindly check this), I mentioned that there was a falling wedge pattern forming within the 2-year ascending channel. In case you do not know, falling wedges are naturally bullish since it represents a temporary price retracement [...]
APC Group Inc. (APC), an energy unit of Belle Corporation (BEL), is indeed poised for a huge upswing in the days to come. APC’s price action, in my opinion, is a technical work of art, a masterpiece to say the least. As you can see from its daily chart, APC’s [...]
Those who subscribed to Sta. Lucia Land’s (SLI) listing back in 2007 must have been very disappointed after seeing the price of their stock gradually fall from PHP 1.80 to a low of PHP 0.38 in 2009. After bottoming in 2009, SLI continued to trade flat and sideways until finally waking [...]
If any of you missed the Belle Corporation (BEL) and Leisure Resorts (LR) trains like me, don’t fret, Sinophil Corporation or SINO could take you on another bullish ride with a huge potential upside. Back in August of 2010, BEL was just trading at around PHP 2.00 per share. It closed [...]
DMCI Holdings, Inc. or DMC, which is one of the leading construction firms in the Philippines, has been one of the best stock performers since the start of 2009. During the start of 2009, the company’s shares opened at 2.26 in 2009. Since then, its shares has picked speed until it [...]
For the past week or so, the US dollar has rallied strongly against its major peers thanks to the drama in Ireland and the Korean peninsula. Ireland needed about €85 billion ($114 billion) to help service its ballooning deficit and to provide some liquidity in its commercial banks. With the Irish [...]