BDO has achieved the target price of 41 pesos per share. Click to see previous post about BDO.
Monday, November 23, 2009
Sunday, November 15, 2009
PHILIPPINE STOCKS: MUSX (MUSX CORPORATION) 11-15-2009
MUSX seemed to have broken out last Thursday morning but went back in its area pattern the next day as the US market dropped Thursday night (Manila time). Still, it can bounce back up anytime soon! Click image to enlarge!
Thursday, November 12, 2009
PHILIPPINE STOCKS: BDO (BANCO DE ORO UNIBANK, INC.) 11-12-2009
BDO has broken out of it's ascending triangle formation as it gapped up during the opening of today's trading session. Click to see previous post about BDO.
Tuesday, November 10, 2009
PHILIPPINE STOCKS: BDO (BANCO DE ORO UNIBANK, INC.) 11-10-2009
The ascending triangle formation on the chart of BDO was still premature during my last post on it since it was just forming. Now, it looked like to have set up a better ascending triangle (indicated by the horizontal and diagonal line) and more likely to breakout soon. The price to break is at 36.5 and once it does with heavy volume, an easy 41 pesos per share will be achieved. Click image to enlarge!
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