Daily Archives: January 11, 2012

Market Report: January 11, 2012

Posted on January 11, 2012 by research

OUTLOOK: A NEW HIGH this early in the year, where the factors coming into play are no more than optimism on better economic numbers one one hand and the lack of better alternatives on the other, raises the scepter of … Continue reading →

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Chart of the Day: Cyber Bay Corporation (CYBR)

Posted on January 11, 2012 by research

CYBR: Interim resistance at the php0.90-php0.92 range Initial price target @ php1.00 – php1.04 (increments of php0.10 thereafter) Strong momentum, BUT, RSI(14) near overbought territory (>70) Stochastic already in overbought area, with STO reversing and posing a possible bearish cross … Continue reading →

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Market Daily: January 11, 2012

Posted on January 11, 2012 by research

Market Summary and Outlook: Expectations of increased economic activities as a result of lower interest rates pushed the local stock market higher on Tuesday, briefly breaching a record high level. The PSEi main index rose by 19.48 points, or 0.43% … Continue reading →

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