• Integrated Micro-Electronics, Inc. (IMI) Seen to Reach Php8.65

    Integrated Micro-Electronics, Inc. (IMI) Seen to Reach Php8.65

    In our Equity Advisor issue last February 16, 2017, we noted that Ayala-led Integrated Micro-Electronics, Inc. (IMI) would start a new up wave and reach Php7.50 following its escape from a basing formation that resembles a rounding bottom. As you can see from its chart, the stock had indeed achieved the mentioned target and more.

  • Near Term Catalyst For The PSEi

    Near Term Catalyst For The PSEi

    Much has been said already about how the government’s tax reform package will drive the local stock market higher even past its 8,100 peak. For the mean time, the index has been stuck within a tight range with a support at 7,123 and a resistance at 7,400 while the said tax reform is currently being

  • 2 Rounds In Medco Holdings, Inc.

    2 Rounds In Medco Holdings, Inc.

    Medco Holdings, Inc. (MED) provided us with two easy-to-capture trades in the past. The first one was when it broke out from a long term consolidation. Even before its initial breakout, we were already expecting it to pop to the upside as it was already silently approaching its prior resistance at Php0.80. Following its break,

  • Found Gold in Puregold

    Found Gold in Puregold

    In our Equity Advisor issue last July 7, 2016, we noted that Puregold Price Club, Inc. (PGOLD) had placed itself en route to revisit its all-time peak at Php48.50. This was so as the stock had just escaped a near term consolidation at around that time. Looking at its chart, one can see that PGOLD

  • Cup and Handle Break Led MRSGI To A Record High

    Cup and Handle Break Led MRSGI To A Record High

    In our Equity Advisor issue last March 6, we noted that Metro Retail Stores Group, Inc. (MRSGI) would start a recovery that would send it back to its day 1 opening of Php4.30. Just 4 months since then and the stock has indeed reached for Php4.30 and more, giving it a decent gain of 15.89%

  • Right on Target With Security Bank (SECB)

    Right on Target With Security Bank (SECB)

    In our Equity Advisor issue last March 10, we noted that Security Bank Corporation (SECB), despite the recent ratings downgrade from major banks and brokerages, would actually start to make a quick ascent towards Php173.00. Fast forward to today, one can see that has indeed reached for the said goal, giving it a decent gain

  • Consolidation Break to Carry DD to Php10.00?

    Consolidation Break to Carry DD to Php10.00?

    DoubleDragon Properties Corporation (DD) has scored another massive single day run with a gain of 11.80% last March 26, 2015. Trading was also heavy with a value turnover of worth Php150 million. In any case, one can observe that the stock has just broken out from a 10-month consolidation. Given this break and its ability

  • Semirara (SCC) To Hit Php163.00?

    Semirara (SCC) To Hit Php163.00?

    Semirara Mining and Power Corporation (SCC) has so far confirmed its break above its resistance of Php140.00. First we thought it was only due to some window dressing because its first close above the said figure happened during the last trading year of 2014. A couple of days have passed since then and the stock

  • 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