• 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.

  • EURJPY To Resume Uptrend?

    EURJPY To Resume Uptrend?

    The EUR/JPY pair may resume its uptrend after it appears to have found some footing at around the 141.00 area. A confluence of supports here in the resistance of a failure swing bottom pattern and its uptrend line should be enough to carry the euro afloat against the Japanese yen. Moreover, a spinning top that