• Rolling The Dice On BLOOM

    Rolling The Dice On BLOOM

    Bloomberry Resorts Corporation (BLOOM) may extend its 2014 run following a successful breach over its resistance at Php10.00. As you can see from its chart, its move past Php10.00 also translates to a breakout from what looks to be a cup and handle pattern. Given this, the stock may then aim for its next hurdle at Php12.00 although it has to stay above Php10.00 for it to do so. A failure to at least hang onto the Php10.00 mark may easily bring it down to Php9.50.

    _____

    To know more about the Trading Edge Equity Advisor kindly click HERE. Subscribe now to receive email alerts before the price moves! 🙂

    *Consensus target price or average target price given by the major foreign and local brokers of various stocks are available in our Equity Advisor!

    For those who are interested in technical analysis or learning how to profit using charts, we have an upcoming Technical Analysis Course on May 24 – 25, 2014. For more information, you may send us a direct message here or text/call (+63) 917 899 90 09.

    Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedInShare on TumblrPin on PinterestShare on StumbleUponShare on RedditDigg thisBuffer this pageFlattr the authorEmail this to someone