Ramon Ang-led San Miguel Corporation (SMC) has been trading within a tight range after its secondary offering which brought its share price from around Php 150.00 to as low as Php 105.70. [Read more...]
A Look At San Miguel Corporation (SMC)
PHILIPPINE STOCKS: SMC (SAN MIGUEL CORPORATION) 10-30-2009
An end in the uptrend of San Miguel Corporation (SMC) stock chart occurred after the price went below the support line (purple dotted diagonal line) in the 1-year time frame last month. Prices didn’t go down but chances are higher that it could. I don’t see much activity with San Miguel stocks so I’ll just wait for the price to consolidate and create another trend or pattern before buying. Click image to enlarge!
