A technical study of the PSEi chart: Is the Philippine Stock Exchange main index gonna continue heading up?! Can't really tell... All I can say is that there seems to be a small symmetrical triangle being formed (indicated by the red circle) and it can be bullish or bearish. Click image to enlarge!
Among many stocks that already have gone up after the market crash, there are still that haven't and one of them is MUSX. In the picture, the stock has been consolidation sideways for months and seems to be forming an ascending triangle formation (indicated by the red diagonal lines). Once the price breaks the resistance line (top red diagonal line) with heavy volume, a minimum of 0.17 pesos per share is achievable. Click image to enlarge!
FGEN has achieved my minimum target price of 19 pesos per share!!! Click image to enlarge!
Due to stock price adjustments because of stock dividends, I move my minimum target price for FGEN to 19 pesos per share. It's almost there!!! Click image to enlarge!
