Author Archives: research

OUR VIEW Accumulate around 5,800 immediate support. Add more shares as the market approaches support area after the three straight days of decline. We may see a rally once it hit the support level of the market, but could only … Continue reading →

OUR VIEW Trade between 5,800 support and 6,000-6,100 resistance area amid mixed sentiment. Positive sentiment may spillover in the local bouse from overseas following the health condition of the US President Donald Trump as this erases uncertainties. Meanwhile, -7% to … Continue reading →

OUR VIEW Accumulate shares, better if around the support area as most investors remain on the sidelines, monitoring the developments over the Covid-19 pandemic. Inflation data will be out today, within-expectation-data would be a good catalyst for the market. Look … Continue reading →

Philstocks Trading Guide We are glad to share this Philstocks Trading Guide to help you widen your trading opportunities and become a more effective stock market trader. Stocks on focus: ALLHC, MPI, URC For the full research,  kindly go here: PTG – October … Continue reading →

OUR VIEW Book some gains after the weak rally yesterday, and traders may take profit ahead of the weekend to avoid uncertainties. Meanwhile, the improved Philippines Manufacturing PMI data in September where it jumped to expansion territory at 50.1 could … Continue reading →

OUR VIEW Trade between the tight trading range, from immediate support of 5,800 and resistance of 5,900. Lack of a strong catalyst drives the market to the sideways movement. Offshore, equity markets remain choppy as investors are watching closely the … Continue reading →

OUR VIEW Sell positions as we still see the market sentiment weighed by economic concerns. The local bourse is still having a hard time getting past its 10-day exponential moving average as the lack of a positive catalyst keeps the … Continue reading →

OUR VIEW Accumulate shares around 5,800 levels. The market seems to stay above 5,700-5,800 levels unless there would be an unexpected stricter lockdown measure which may drag the bourse below the support area. But given the anticipated reopening of the … Continue reading →

OUR VIEW FOR THE WEEK Unload positions as we still see the local market trading with a downward bias due to low confidence amid economic concerns. Economic worries may continue to weigh on investor sentiment following the recent disappointing narratives … Continue reading →

OUR VIEW Sell shares as the local market is seen to continue with its downward bias amid lack of positive catalyst and offshore worries. No catalyst has been seen yet to spur investor confidence towards the economy and the market. … Continue reading →