• Potential Upside Break Seen in Boulevard Holdings, Inc.

    Potential Upside Break Seen in Boulevard Holdings, Inc.

    Boulevard Holdings, Inc. (BHI) suffered a major decline on news that its supposed deal with Ayala Land, Inc. was shelved. News, though, that the company found another suitor in Rockwell Land and another news stating that ALI renewed its offer led a rally from Php0.077 low all the way to Php0.123. Remember that this level

  • One Positive Technical Aspect On SMPH

    One Positive Technical Aspect On SMPH

    SM Prime Holdings, Inc. (SMPH) remains trapped below its midterm downtrend line. Last May, the stock attempted to rise past the Php17.00 marker but was again stopped by the same midterm supply line. A resistance there led it to fall to around Php15.80. Despite the major hindrances above, the stock appears to be building a