• Take-over Speculation Driving RCB To Its 2013 Peak

    Take-over Speculation Driving RCB To Its 2013 Peak

    Rizal Commercial Banking Corporation (RCB) may likely continue to build onto its recent uptrend. As you can see from its chart, the stock has just broken past another interim resistance at the Php58.70 handle. Its break above the said score may then drive it back towards its 2013 peak of Php74.00. Note that the Php73.00 to

  • 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.

  • Surfed Cyber Bay (CYBR)

    Surfed Cyber Bay (CYBR)

    Cyber Bay Corporation (CYBR), after breaking out from a bigger bullish reversal that resembles a complex rounding bottom or an asymmetrical inverted head and shoulders, had indeed reached its adjusted goal of Php0.80. In the next several days or weeks, however, the stock may temporarily soften. You see, its close proximity from its resistance at

  • How East West Banking Corporation (EW) Trekked North

    How East West Banking Corporation (EW) Trekked North

    East West Banking Corporation (EW) has indeed swung higher following its breakout from a bigger rounding bottom when it finally cleared the Php18.00 handle. As you can see, the stock has actually achieved its adjusted target at Php21.00 already. Moving forward, given its new uptrend and the lack of a bearish reversal, it is likely

  • 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

  • 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

  • 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

  • GERI Barges Thru Our Technical Targets; What’s Next?

    GERI Barges Thru Our Technical Targets; What’s Next?

    Global-Estate Resorts, Inc. (GERI) has skyrocketed in the recent weeks and in the process has achieved our noted technical targets at Php1.50 and then at Php1.80. In the February 20 issue our our Equity Advisor, we noted the likelihood of a bullish reversal after the stock had invalidated its breakdown when it recovered above its

  • “Where There’s Pepsi (PIP), There’s Music”

    “Where There’s Pepsi (PIP), There’s Music”

    “Where There’s Pepsi, There’s Music”. Indeed Pepsi-Cola Products Philippines, Inc. (PIP) has been sort of a music for investors given its run as of late. As you can see, the stock has indeed reached for its minimum target of Php5.20 that we noted in the February 25, 2014 edition of our Equity Advisor. There, we highlighted the

  • Got Stuffed With FOOD! – Trade Update

    Got Stuffed With FOOD! – Trade Update

    Alliance Select Foods International, Inc. (FOOD) indeed rose in no time following an escape from a failure swing bottom. As noted in our February 25 edition of our Equity Advisor, the stock did reach and even surpassed its estimated initial target of Php1.20. Since then, FOOD has already gained by 11.82% in just 3 trading