• Technical Overview on PSE

    Technical Overview on PSE

    The shares of The Philippine Stock Exchange or PSE is gearing up for an upswing. As you can see from the chart, PSE had been trading in a sideways motion since February 2012 after falling from the high Php 500. In the process of its consolidation, it appears to have formed a cup and handle

  • Drink and be MERry!

    Drink and be MERry!

    Meralco went under the spotlight when it was removed from the MSCI Philippines Index last November 29. To our surprise, MER even turned out to be positive from the deletion announcement 3 weeks ago to its actual removal recently. This shows, at least, that there is a lot of interest in the stock. Just how

  • Technical Overview on MEG

    Technical Overview on MEG

    Here’s a quick technical overview on Megaworld Corporation (MEG). MEG had been trading within a descending channel since September 2010 before finally breaking loose early this year. After escaping above the critical Php1.80 resistance last March, MEG has steadily moved upwards. It eventually reached its minimum upside target at just above Php2.40 and by the

  • FLI me to the moon!

    FLI me to the moon!

    Well not exactly to the moon but Filinvest Land’s prospects, at least from the technical perspective, remains promising. As can be seen from its chart, FLI basically had been sleeping as it had been trading within a slightly downward sloping channel or rectangle. It was only roughly a month ago when it broke above the

  • The Scam

    The Scam

    A review and reflection on the movie “The Scam” The Korean movie “The Scam” is no Wallstreet but its a good movie that describes how fraud happens in the world of the stock market. The movie basically narrates a syndicate/gang’s plot to ‘scam’ a lot of investors by hyping, pumping, and then dumping a shell