Since the PSEi seems to be turning around and is gearing itself up for a breakout, it’s best that we come up with our own picks for the following week.  Please remember that this is our own opinion and that we don’t guarantee anything.

ALI
Buy: 9.80
Target: 15.75
Cut: 9.60
Return: 61%

CYBR
Buy: 0.39
Target: 0.58
Cut: 0.37
Return: 51%

EDC
Buy: 4.10
Target: 6.70
Cut: 3.75
Return: [...]

There’s still some waiting that needs to be done for EDC but I believe it’s just gearing up for some momentum.
After falling from its high back in October 2007, EDC has rebounded from its lowest point in December 2008, and has reached a high of 4.40 just this April.  It is currently continuing its consolidation [...]

Hold your fire! Do not buy thinking that you will get left behind.  This stock is just starting its short term uptrend. Wait for the price pullback and find support somewhere between our 61.8% and 78.6% fib levels, that’s 3 and 2.6 respectively.
EDC just bounced off the 50% fib. If the price doesn’t go below this [...]