• 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

  • Potential Rebound On Deck In Gold

    Potential Rebound On Deck In Gold

    In our entry that we posted last January 27 (kindly see it HERE), we noted that the price of spot gold or the XAUUSD pair would likely head north towards a minimum target of $1,350 given its breakout from an inverted head and shoulders pattern. Indeed, the yellow metal reached for the said objective and

  • A Closer Look On Metrobank (MBT)

    A Closer Look On Metrobank (MBT)

    Here’s another look at Metropolitan Bank & Trust Company (MBT). You see, after reacting positively from the bullish hammer and southern doji that it drew over the last 2 months as per our last review on the stock, it has recently surfaced above a complex version of either an inverted head and shoulders or a