Taking Profits On SM Prime Holdings, Inc. (SMPH)

sm prime holdings inc., SMPH philippine stocks, henry sy, ron acoba, cup and handle, bearish divergence, daily stock picks, stock market trading, doji, gravestone dojiJust last September 8, 2011, the shares of SM Prime Holdings, Inc. or SMPH in the Philippine Stock Exchange caught the market’s attention when it suddenly rose by 3.87% on a huge volume to finally break the Php 12.00 barrier. SMPH has continued to rise but now it seems that a temporary correction could be on the watch in the near term. [Read more...]

Philex Mining Corporation (PX) To Regain Its Luster

philex mining corporation, PX philippine stocks, manny pangilinan, ron acoba, hammer, hidden bullish divergence, daily stock picks, stock market tradingPhilex Mining Corporation (PX) has been having some rough days for the past couple of weeks as it saw its stock dip from a high of Php 28.95 to a recent low of Php 24.00. The question now is, will PX be able to regain its luster? [Read more...]

A Look At San Miguel Corporation (SMC)

san miguel corporation, SMC philippine stocks, ramon ang, ron acoba, daily stock picks, stock market tradingRamon 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...]

SM Prime Holdings, Inc. Awakens!

sm prime holdings inc., SMPH philippine stocks, henry sy, ron acoba, cup and handle, daily stock picks, stock market tradingAfter several months of hibernation, the shares of Henry Sy’s SM Prime Holdings, Inc. or SMPH have finally awaken. Now that it does, a move past its present all-time high of Php 13.50 may not be farfetched anymore. [Read more...]

DMCI Holdings, Inc. (DMC) Holding On?

dmci holdings inc., DMC philippine stocks, d.m. consunji, ron acoba, daily stock picks, stock market tradingDMCI Holdings, Inc. or DMC in the Philippine Stock Exchange appears to be holding on to its uptrend line. Barring any negative impact from abroad, it is likely for DMC to continue its move higher. [Read more...]

Technical Bounce Likely In ICT?

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The shares of International Container Terminals, Inc. or ICT in the Philippine Stock Exchange fell back towards the Php 50.00 level at the end of today’s (August 6, 2011) trading. Having closed right at a significant support, a rally off of this level could be expected in the days to come. [Read more...]

Lepanto Consolidated Mining Company A (LC) To Rise Again

lepanto consolidated mining company, LC philippine stocks, felipe yap, ron acoba, stock market trading, fibonacci retracement, hidden bullish divergence, daily stock picksThe A shares of Felipe Yap’s Lepanto Consolidated Mining Company finally saw a sharp correction after marking a new all-time high just above Php 1.80. With gold now back on the northern track, will LC follow suit? [Read more...]

SM Investments Corporation Making News

SM investments corporation, SM philippine stocks, SMIC, henry sy, ron acoba, bullish break away gap, daily stock picks, stock market tradingThe shares of Henry Sy- led SM Investments Corporation (SMIC) appear to be heading for a move north at least from a technical point of view. Let me explain this.  [Read more...]

Energy Development Corporation (EDC) To Regain Its Poise

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EDC has been on the wrong side of things for the last couple weeks as it slip sharply from Php 6.80 to as low as  Php 5.75. However, it seems that it is also poised to at least regain some of its losses and resume its long term up move. [Read more...]

Bullish Call On ISM Communications Corporation

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Roberto Ongpin-chaired ISM Communications Corporation or simply ISM in the Philippine Stock Exchange made the headline yesterday when it announced its take over of the Philippine Bank of Communication (PBComm). [Read more...]

First Philippine Holdings Corporation (FPH) Looks Technically Promising

first philippine holdings, FPH philippine stocks, oscar lopez, ron acoba, daily stock picks, stock market trading, inverted head and shoulders continuationFirst Philippine Holdings Corporation’s (FPH) technical set-up looks very promising. A major upswing could be on the deck soon which could eventually push it to its consensus fair value of PHP 78.75. [Read more...]

Revisiting Chemrez Technologies, Inc. (COAT)

Chemrez Technologies Inc., COAT philippine stocks, Leon Lao, Ron Acoba, daily stock picks, stock market trading, cup and handleThe limelight has been on the mining sector plus a couple of [Read more...]

Empire East Land Holdings, Inc. (ELI) To Reach PHP 1.00?

empire east land holdings inc., ELI philippine stocks, andrew tan, ron acoba, daily stock picks, stock market trading, symmetrical triangleIt’s the Book Of Eli Part 2 (part 1)! Couple of weeks back, my esteemed colleague noted that Empire East Land Holdings, Inc. could be on the brink of an upside swing (see his post here). And guess what?! It seems that he’s right after all! [Read more...]

Is Philex Mining (PX) Bound For Some Correction?

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Manny Pangilinan-chaired Philex Mining Corporation (PX) has been having a terrific performance so far this year, booking a YTD return of 51.42%. However, it seems that its winning streak maybe coming into a halt given its present technical set-up. [Read more...]

More Gold In Lepanto Consolidated Mining Company B (LCB)?

lepanto consolidated mining company B, LCB philippine stocks, gold, felipe  yap, ron acoba, daily stock picks, stock markett rading, symmetrical triangle, hidden bullish divergenceThe “B” shares of Lepanto Consolidated Mining Company has been the best performing stock for this year, returning a YTD gain of 123.91% as of July 6, 2011. And by the looks of it, it seems that LCB is still gunning for some more profit. [Read more...]

Global-Estate Resorts, Inc. Paced For A Move Higher?

global-estate resorts inc., GERI philippine stocks, fil-estate land, andrew tan, ron acoba, daily stock picks, stock market tradingAndrew Tan-led Global-Estate Resorts, Inc. (GERI), formerly known as Fil-Estate Land, was spotted on the traders’ radar in last Friday’s trading when it closed with a 7.18% gain on a high PHP 410,832,700 value turnover. [Read more...]

Philippine National Bank (PNB) To Make Some Noise?

philippine national bank, PNB philippine stocks, lucio tan, ron acoba, daily stock picks, stock market tradingRumors of a possible merger by Lucio Tan-led Philippine National Bank (PNB) and Allied Bank once created market interest in the stock, causing it to reach a high of PHP 68.60 from just around PHP 50.00. [Read more...]

Temporary Correction Seen In Megawide Construction Corp.

megawide construction corporation, MWIDE philippine stocks, cup and handle continuation, daily stock picks, stock market trading, ron acobaNewly minted- Megawide Construction Corporation or MWIDE in the Philippine Stock Exchange has gained some pretty good gains since its listing last February 18, 2011. [Read more...]

A Rally Seen In Lopez Holdings Corporation (LPZ)?

lopez holdings corporation, LPZ philippine stocks, oscar lopez, ron acoba, daily stock picks, stock market tradingLopez Holdings Corporation or LPZ in the Philippine Stock Exchange went on to reach a high of PHP 6.95 after breaking out from an inverted head and shoulders continuation pattern. Since then, it cooled off back towards PHP 6.00. Given its present set-up, though, LPZ could stage a rally in the days to come. [Read more...]

First Philippine Holdings (FPH) Gearing For a Move Up?

 first philippine holdings corporation, FPH philippine stocks, lopez, ron acoba, daily stock picks, stock market tradingFirst Philippine Holdings or FPH has been performing relatively well for the last three months. And by the looks of it, it seems that is already gearing for some more gains. [Read more...]