Friday, April 23, 2010

PHILIPPINE STOCKS: PAX (PAXYS, INC) 4-23-2010


PAXYS, INC. or PAX as listed in the Philippine Stock Exchange was still consolidating the symmetrical triangle formation last week. Now, it has broken down from the said formation (indicated by the yellow circle) after the Friday trading session. Let's see if it reaches my target price of 1.82 pesos per share.

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