Philippine Stock Exchange Picks

PHILIPPINE STOCKS: BDO (BANCO DE ORO UNIBANK, INC.) 11-10-2009

noreply@blogger.com (Aldrich Sevilla) — Mon, 09 Nov 2009 21:06:54 PST

The chart of BDO was premature during my last post about it since it was still consolidating. Now, it looked like to have set up a better ascending triangle (indicated by the horizontal and diagonal line) and more likely to breakout soon. The price to break is at 36.5 and once it does with heavy volume, an easy 41 pesos per share will be achieved. Click image to enlarge!

PHILIPPINE STOCKS: MER (MANILA ELECTRIC COMPANY) 10-30-2009

noreply@blogger.com (almapal) — Fri, 30 Oct 2009 04:09:50 PDT

As a request from a finance dude who happens to be the author of this blog cianoyinthephilippinestockmarket.blogspot.com/, I have posted my technical insights on the stock charts of 3 blue chips, particularly Meralco, PLDT and San Miguel Corporation. The one-year time frame of Meralco stock chart shows the uptrend is still intact (PLDT and San Miguel are on seperated posts, scroll down to view it) since the price hasn't gone below the support line (purple dotted diagonal line) however there seems to be a descend in price from the previous trading days (indicated by the green dotted diagonal line). A break in the support line is possible or a bounce back up. The stock price moving sideways should also be considered. Looking at the MACD on the other hand, there is a weakness shown as a crossover is made between the red and blue line (indicated by the red circle). Personally, I won't touch this stock as of the moment or if I do my cut loss will be set below the support line. Click image to enlarge!

PHILIPPINE STOCKS: TEL (PHILIPPINE LONG DISTANCE TELEPHONE COMPANY) 10-30-2009

noreply@blogger.com (almapal) — Fri, 30 Oct 2009 04:10:46 PDT

I don't see anything much in PLDT stock chart aside from an uptrend (indicated by the purple dotted diagonal line) with the 1-year time frame. Upon buying this stock, I would set my cut loss once the price goes below the support line. Click image to enlarge!

PHILIPPINE STOCKS: SMC (SAN MIGUEL CORPORATION) 10-30-2009

noreply@blogger.com (almapal) — Fri, 30 Oct 2009 04:01:18 PDT

An end in the uptrend of San Miguel Corporation stock chart occurred after the price went below the support line (purple dotted diagonal line) in the 1-year time frame last month. Prices didn't go down but chances are higher that it could. I don't see much activity with San Miguel stocks so I'll just wait for the price to consolidate and create another trend or pattern before buying. Click image to enlarge!

PHILIPPINE STOCKS: UBP (UNIONBANK OF THE PHILIPPINES) 10-27-2009

noreply@blogger.com (Aldrich Sevilla) — Mon, 26 Oct 2009 13:18:12 PDT

Nearly 5 months have passed since my last post about UBP, it was still prematurely forming the cup and handle formation (indicated by the red lines) in the stock chart. However, as we can see now, it broke out from a cup and handle formation last August and achieved its target price of 32 pesos per share 2 weeks ago. Click image to enlarge!

PHILIPPINE STOCKS: COL (CITISECONLINE.COM, INC. ) 10-18-2009

noreply@blogger.com (Aldrich Sevilla) — Fri, 30 Oct 2009 03:21:11 PDT

Citiseconline, one of the biggest online stock brokerage company in the Philippines, has its stock chart forming a bullish pattern. We can see a potential symmetrical triangle formation (indicated by the red diagonal lines) in the picture shown. Once the price closes above the resistance line (topmost red diagonal line) with heavy volume, 12.5 is easily achievable. Click image to enlarge!

PHILIPPINE STOCK EXCHANGE INDEX: PSEI 9-28-2009

noreply@blogger.com (Aldrich Sevilla) — Fri, 30 Oct 2009 03:26:10 PDT

A technical study of the PSEi chart: Is the Philippine Stock Exchange main index gonna continue heading up?! Can't really tell... All I can say is that there seems to be a small symmetrical triangle being formed (indicated by the red circle) and it can be bullish or bearish. Click image to enlarge!

PHILIPPINE STOCKS: MUSX (MUSX CORPORATION) 9-22-2009

noreply@blogger.com (Aldrich Sevilla) — Fri, 30 Oct 2009 03:24:12 PDT

Among many stocks that already have gone up after the market crash, there are still that haven't and one of them is MUSX. In the picture, the stock has been consolidation sideways for months and seems to be forming an ascending triangle formation (indicated by the red diagonal lines). Once the price breaks the resistance line (top red diagonal line) with heavy volume, a minimum of 0.17 pesos per share is achievable. Click image to enlarge!

PHILIPPINE STOCKS: FGEN (FIRST GEN CORPORATION) 9-13-2009

noreply@blogger.com (Aldrich Sevilla) — Fri, 30 Oct 2009 03:23:47 PDT

FGEN has achieved my minimum target price of 19 pesos per share!!! Click image to enlarge!

PHILIPPINE STOCKS: FGEN (FIRST GEN CORPORATION) 9-9-2009

noreply@blogger.com (Aldrich Sevilla) — Fri, 30 Oct 2009 03:23:26 PDT

Due to stock price adjustments because of stock dividends, I move my minimum target price for FGEN to 19 pesos per share. It's almost there!!! Click image to enlarge!

PHILIPPINE STOCKS: FGEN (FIRST GEN CORPORATION) 9-7-2009

noreply@blogger.com (Aldrich Sevilla) — Fri, 30 Oct 2009 03:22:59 PDT

First Gen corporation has broken out of its symmetrical triangle formation (indicated by the red diagonal lines). Click here to see the previous post. Click image to enlarge!

PHILIPPINE STOCKS: BDO (BANCO DE ORO UNIBANK, INC.) 8-29-2009

noreply@blogger.com (Aldrich Sevilla) — Mon, 09 Nov 2009 21:07:18 PST

Banks all over the world were terribly affected by the current financial crisis. Many went bankrupt, some still going and most were struggling. Despite that, many of the Philippine banks were able to hold on and maintain a strong and stable company and one of them is Banco De Oro (BDO). Looking at its chart, more than a year of downfall had occurred to its stock value. This year of March however was the turning point making a big turnaround by bottoming at 20 pesos per share. It's currently above 30 pesos and still showing signs of rising as an ascending triangle (indicatd by the red horizontal and diagonal line) is being formed. Once a break above 36.5 pesos and a sudden surge in volume occur, it may easily reach 42 pesos. Click image to enlarge!

PHILIPPINE STOCKS: URC (UNVERSAL ROBINA CORPORATION) 8-20-2009

noreply@blogger.com (Aldrich Sevilla) — Wed, 19 Aug 2009 11:19:44 PDT

Universal Robina Corporation or URC, a publicly listed company in the Philippine Stock Exchange, has been performing well as its stock value increased. From my previous post I mentioned that it was creating an ascending triangle formation but not. As seen in the chart, URC is moving in a "range" bouncing off the support line (red diagonal line) couple of times . Despite the area pattern confusion from the previous post of this topic, it still achieved its minimum target price of 9.5. Click image to enlarge!

PHILIPPINE STOCKS: APC (APC GROUP, INC.) 8-14-2009

noreply@blogger.com (Aldrich Sevilla) — Wed, 19 Aug 2009 11:15:24 PDT

A head and shoulders formation (3 arcs: The head is the biggest red arc and the shoulders are the arcs beside it), being formed by APC, is soon to breakout. In fact, it tried to breakout today (indicated by the blue circle) with heavy volume but failed since the price didn't end up above the resistance line (red horizontal line) of the said formation. But once it does, my minimum target price is set at 0.63. Click image to enlarge!

PHILIPPINE STOCKS: GEO (GEOGRACE RESOURCES PHILIPPINES, INC.) 8-8-2009

noreply@blogger.com (Aldrich Sevilla) — Wed, 19 Aug 2009 11:15:59 PDT

Among the many companies publicly listed in the Philippine Stock Exchange, GEO, has been forming a cup and handle formation (indicated by the bigger red arc is the cup and and the smaller red arc indicates the handle) as seen in the picture. This is a bullish pattern and the price potential is on the upside. My breakout point would be the price going above the neckline (red horizontal line) or above 0.81. Once it does, a good buy there is. 1 peso is easily achievable. Click image to enlarge!

PHILIPPINE STOCKS: FGEN (FIRST GEN CORPORATION) 8-2-2009

noreply@blogger.com (almapal) — Wed, 19 Aug 2009 11:16:48 PDT

Two bullish area patterns are seen in First Gen Corporation, a cup and handle formation (indicated by the bigger red arc is the cup and and the smaller red arc indicates the handle) and a symmetrical triangle formation (indicated by the two vertical lines in the 2nd picture). If good news back up the global markets, prices can climb anytime. Click image to enlarge!

PHILIPPINE STOCKS: FLI (FILINVEST LAND, INC.) 7-16-2009

noreply@blogger.com (Aldrich Sevilla) — Wed, 19 Aug 2009 11:17:20 PDT

Filinvest Land Incorporated (FLI), listed in the Philippine Stock Exchange, is showing signs of a good buy as it tries to mold a reverse head and shoulders formation (3 arcs: The head is the biggest red arc and the shoulders are the arcs beside it) and eventually breakout. Once the price surges above the neckline (red horizontal line), a minimum target price of 1.26 would easily be achieved. Click image to enlarge!

PHILIPPINE STOCKS: SMCB (SAN MIGUEL CORPORATION "B") 7-5-2009

noreply@blogger.com (Aldrich Sevilla) — Sun, 05 Jul 2009 00:06:11 PDT

SMCB has broken out 2 weeks ago but due to poor market conditions it started declining, shying away from rising and going back inside its breakout point. Click image to enlarge!

PHILIPPINE STOCKS: SMCB (SAN MIGUEL CORPORATION "B") 6-27-2009

noreply@blogger.com (Aldrich Sevilla) — Wed, 19 Aug 2009 11:19:23 PDT

It has been a good run for San Miguel Corporation "B", publicly listed in the Philippine Stock Exchange, since March of 2009 but this week looked even better. Shown in the image, the stock chart of San Miguel, broke out from a double bottom formation (indicated by the 2 red arcs) a few days ago. I set my minium target price at 70-80 pesos per share. Click image to enlarge!

PHILIPPINE STOCK EXCHANGE INDEX: PSEI 6-22-2009

noreply@blogger.com (Aldrich Sevilla) — Wed, 19 Aug 2009 11:23:28 PDT

The main index of the Philippine Stock Exchange has broken its immediate uptrend support (violet dotted line). As a result, chances on the downside are higher unless good things happen to the global markets. Click image to enlarge!

PHILIPPINE STOCK EXCHANGE INDEX: PSEI 6-16-2009

noreply@blogger.com (Aldrich Sevilla) — Tue, 16 Jun 2009 07:14:23 PDT

The immediate resistance of the Philippine Stock Exchange Index at 2620 was nicely hit as from my previous post. Will this now go up or continue going down? That I don't know... Click image to enlarge!

PHILIPPINE STOCKS: GLO (GLOBE TELECOM, INC.) 6-15-2009

noreply@blogger.com (Aldrich Sevilla) — Wed, 19 Aug 2009 11:18:16 PDT

Globe Telecom listed in the Philippine Stock Exchange has reached my minimum target price of 980 (Previous posts 1 2) closing at 995 per share and looks like to go up more! Click image to enlarge!

PHILIPPINE STOCK EXCHANGE INDEX: PSEI 6-14-2009

noreply@blogger.com (Aldrich Sevilla) — Sun, 14 Jun 2009 00:20:47 PDT

Which among the resistances will manage to hold the main index of the Philippine Stock Exchange/PSEi from rapidly increasing its value. Is it the resistance at the 2620 level (lower green dotted horizontal line)? Is it the 2750-2800 resistance (upper green dotted horizontal line)? Or none of them?! Woah, really hard to tell! Click image to enlarge!

PHILIPPINE STOCKS: URC (UNVERSAL ROBINA CORPORATION) 6-10-2009

noreply@blogger.com (Aldrich Sevilla) — Wed, 10 Jun 2009 07:33:07 PDT

The stock value of Universal Robina Corporation or URC or even better known as the company who makes C2 green tea, jack and jill chippy, nips, magic flakes and many more is steadily rising after years of downfall. This company listed in the Philippines stock exchange has broken out from the ascending triangle formation (indicated by the red horizontal and diagonal lines) last May 8 as seen in the charts. After it broke out, it made a return move and bounced from its new support (red horizontal line) yesterday. Strategically trading the stock, I would enter it at its current price placing a stop-loss below 7.6 or once it goes below the support line (red horizontal line) with a target price of 9.5-9.8. Click image to enlarge!

PHILIPPINE STOCKS: GLO (GLOBE TELECOM, INC.) 6-8-2009

noreply@blogger.com (almapal) — Mon, 08 Jun 2009 00:13:12 PDT

From my previous post about Globe Telecom of the Philippine Stock Exchange last month, it has just broken out of the ascending triangle formation. Now, it's about to hit my target price of 980. If the stocks of Globe were bought at 900 pesos per share back in May 15, around 7% profit is made as it closes today at 960. 7% in less than a month isn't bad at all. Click image to enlarge!