PSE Index Chart Analysis for the Week(April 14 to 20, 2013) on Apr 14, 2013 in PSE Index Chart Analysis Figure 1: PSE Index Chart The index is trying to break key resistance. Momentum is getting stronger upward. At this rate the index might be able to finally break that resistance.
PSE Index Chart Analysis for the Week(April 7 to 13, 2013) on Apr 7, 2013 in PSE Index Chart Analysis Figure 1: Last week the index encountered resistance and started to correct from short term overbought condition. I am expecting the index to continue correcting/consolidating this week with a tendency of breaking that resistance soon as momentum...
PSE Index Chart Analysis for the Week(March 31 to April 6, 2013) on Mar 31, 2013 in PSE Index Chart Analysis Figure 1: PSE Index Chart The index last week, somewhat recovered and has pulled back towards it recent resistance of 6,867. The index needs to break that resistance in order to proceed/continue moving higher. Its momentum downward has somewhat sl...
PSE Index Chart Analysis for the Week(March 17 to 23, 2013) on Mar 17, 2013Figure 1: PSE Index Chart Last week the index finally corrected breaking its trendline and confirming our recent RSI trendline break. The index is currently oversold and possible rebound or pullback towards its recent trendline may happen soon. Up...
PSE Index Chart Analysis for the Week(March 10 to 16, 2013) on Mar 10, 2013Figure 1: PSE Index Chart Last week the index negated the RSI trendline break by bouncing of its trendline support area. RSI was also able to find some support. Right now the index is short term oversold and its momentum downward has somewhat slow...
PSE Index Chart Analysis for the Week(March 3 to 9, 2013) on Mar 3, 2013 in PSE Index Chart Analysis Figure 1: PSE Index Chart Last week the index consolidated to ease out short term overbought condition, just like what I am expecting it to do. For this coming week, I am raising a corrective warning as indicated by the RSI trendline break that ma...
Stock in Focus: ZHI Bullish Falling Wedge Pattern on Feb 28, 2013 in Stock Pick Figure 1: ZHI Price Chart...
PSE Index Chart Analysis for the Week(February 24 to March 2, 2013) on Feb 24, 2013 in PSE Index Chart Analysis Figure 1: PSE Index Chart The index continues to move sideways to up the past week. I am expecting the index to correct/consolidate this week to ease out short term overbought condition. Momentum upward continues to weaken while the trend remains...
PSE Index Chart Analysis for the Week(February 17 to 23, 2013) on Feb 17, 2013 in PSE Index Chart Analysis Figure 1: PSE index chart The index consolidated or move sideways last week, just like what I am expecting it to do. For this coming week I am still expecting the index to continue consolidating as it tries to find new catalyst to move itself high...
PSE Index Chart Analysis for the Week(February 10 to 16, 2013) on Feb 10, 2013Figure 1: PSE Index Chart A great week for our index last week. RSI bearish divergence was negated and upward momentum remains strongly bias upward. The index been moving sideways most of the time while consolidating from being short term overboug...
