• May Finally Get Unstuck From WEB

    May Finally Get Unstuck From WEB

    Philweb Corporation (WEB) has been on a major downtrend for more than a year now. Notice, though, that the stock appears to be in a process of completing a potential basing pattern that resembles either a rounding bottom or a cup and handle. Following a move past the Php6.14-Php6.30 area, WEB may finally put itself

  • 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