• Unfortunate Support Break In 8990 Holdings, Inc.

    Unfortunate Support Break In 8990 Holdings, Inc.

    Unfortunately for 8990 Holdings, Inc. (HOUSE), its supposed support at the previous resistance of a consolidation pattern failed to hold. This recent breakdown may lead HOUSE to its next floor at Php6.50. A fall below that may then send it to Php6.00. Note, though, that a jump over Php7.50 in the next couple of days

  • MARC To Extend Its 2014 Run

    MARC To Extend Its 2014 Run

    In July 23 edition of our Equity Advisor, we noted that Marcventures Holdings, Inc. (MARC) was about to complete bullish coiling pattern that would eventually lead it to a target of around Php6.70. As you can see from its chart, the stock has not only broken out of the said pattern but has also managed

  • Philweb Pierced Through Its Php5.00 Hurdle

    Philweb Pierced Through Its Php5.00 Hurdle

    In our Equity Advisor issue last July 29, we noted that Philweb Corporation (WEB) would likely rebound following the Php27 million purchase that UBS made at an average price of Php4.4955. The rationale for its likely rally was that such purchase would lessen the overhang on the stock that would otherwise be sold at the

  • Another Bounce Play On HOUSE?

    Another Bounce Play On HOUSE?

    Here’s another opportunity to play the range of 8990 Holdings, Inc. (HOUSE). As you can see from its chart, the stock has dipped back to the resistance of a rectangle at around Php7.50. A support here plus a presence of a bullish hammer candlestick in its dailies suggest a potential rebound in the near term.

  • Possible Bullish Reversal On Bloomberry?

    Possible Bullish Reversal On Bloomberry?

    Bloomberry Resorts Corporation (BLOOM) appears poised for a major breakout to the upside soon. As you can see from its weekly chart, the stock looks to have been forming a bullish reversal pattern in an inverted head and shoulders. The higher base that it has built may even be an early clue of a potential