• Potential Bounce Play On ACR?

    Potential Bounce Play On ACR?

    Alsons Consolidated Resources, Inc. (ACR) may revisit its recent high of a little past Php2.00 in the very near term. As you can see from its chart, the stock has recently formed a southern long-legged doji that happened to occur at its support area at around Php1.80. If ACR can stay above Php1.75 then it

  • Inability to Hold Highs May Lead DAVIN To Correct

    Inability to Hold Highs May Lead DAVIN To Correct

    Lucio Co’s Da Vinci Capital Holdings, Inc. (DAVIN) surged towards its minimum target of Php1.60 and more following a breakout from a basing pattern in the form of a cup and handle. Its thrust upwards, however, was capped by its low of around Php2.50 that was marked back in 2012. Moving forward, the stock’s inability

  • RCBC Aiming For At Least Php60.00

    RCBC Aiming For At Least Php60.00

    Rizal Commercial Banking Corporation (RCB) has popped out of the investors’ radar screen following its magnificent run last Friday. Although it was not able to hold on to its highs, the stock was still able to breakout on significant volume from either an inverted head and shoulders or a cup and handle. If RCB can

  • Bullish Reversal Triggered In FOOD

    Bullish Reversal Triggered In FOOD

    Alliance Select Foods International, Inc. (FOOD) may have started a bullish reversal following a breakout from an inverted head and shoulders pattern. If FOOD can sustain its recent rise and stay above Php1.40 then it may be able to rise towards at least Php1.75. A move over that may then send it to its next hurdle