• SMPH Year-End Objective Achieved!

    SMPH Year-End Objective Achieved!

    SM Prime Holdings, Inc. (SMPH), as expected, has indeed reached its 2013 peak again shortly after it escaped above its prior resistance at Php18.00. In the near term, however, the stock may likely see some more selling pressure and wilt back to around Php19.40. This is because the stock is presently facing a major hurdle

  • FNI: Downside Target of Php1.80 Achieved. What’s Next?

    FNI: Downside Target of Php1.80 Achieved. What’s Next?

    In our Equity Advisor issue last March 18, we noted that Global Ferronickel Holdings, Inc. (FNI) would likely slip towards Php1.80 following its break below Php2.50. As you can see, the stock has indeed slipped towards the said target. Moving forward, a support at its previous low at Php1.80, a presence of a bullish hammer

  • Filinvest Land, Inc. (FLI) To Revisit Its 2013 Peak?

    Filinvest Land, Inc. (FLI) To Revisit Its 2013 Peak?

    Filinvest Land, Inc. (FLI) has likely stepped to the start of a new uptrend following its move past the Php1.70 marker. This is because its rise over the said level actually translates to a breakout from a complex basing pattern that somewhat resembles an inverted head and shoulders pattern. Notice also that the said breakout

  • MPI To March Towards Php6.20 to Php6.33

    MPI To March Towards Php6.20 to Php6.33

    Metro Pacific Investments Corporation (MPI) appears poised for an upside break soon. You see, despite a recent share sale that was done at a discounted price of Php4.90, MPI was still able to recover easily and bring itself back towards Php5.30. This event basically tells us that the market was able to absorb well all