PSE Index Chart Analysis for the Week (April 3 to 9, 2011) on Apr 3, 2011 in PSE Index Chart Analysis Figure 1: PSE Index Chart Last week our market was able to performed exceptionally well, for it was able to finally broke its downtrending channel. I am posting my immediate target of PSE around 4220. At the same time I will also be more cautious wit...
Stock Pick: EDC (March 29, 2011) on Mar 29, 2011 in Stock Picks Figure 1: EDC Price Chart EDC is already at oversold level. It is now finding support along the 20 MA (Red Line) and the 38.2% Fibonacci Retracement.
Stock Pick: CMT (March 29, 2011) on Mar 29, 2011 in Stock Picks Figure 1: CMT Price Chart CMT is currently forming a pennant with a possible target of around P2.00. RSI value is also located along its support area. This stock is also at oversold level (Indicator not shown due to some display related problem).
PSE Index Chart Analysis for the Week (March 27 to April 2, 2011) on Mar 27, 2011 in PSE Index Chart Analysis Figure 1: PSE Index Chart Our market was a sleeper lasts week. A lot of traders were in the sideline due to the many negative global news which had affected our local market. The markets upward momentum...
