Monthly Archives: January 2020

OUR VIEW Hold from trading until the market establish a strong support after it drops below the 7,500 crucial line amid uncertainties on the contracts of private firms with the government. We see second support at 7,420. BUY: SLI plans … Continue reading →

OUR VIEW Wait and see if the market rebounds on the 7.500 support level, amid the regulatory risks in the country which pushes further net foreign selling. Accumulate around 7,500 if this level remained to be a strong support. ALI, … Continue reading →

OUR VIEW Hold until the market return to the 7,700 level. There’s an accumulation bias shown by the on-balance-volume, while RSI (14) builds support around 40 level. But the current risk is the sell signal of MACD (12,26,9). TECH: On … Continue reading →

OUR VIEW Wait on 7,700 support before trading in the market. Negative sentiment as the tariffs remain despite the phase one USChina trade agreement, to spillover in the market. On the other hand, National Economic and Development Authority (NEDA) said … Continue reading →

OUR VIEW Hunt for bargains amid anticipated signing of the US-China phase one trade agreement. BUY: MEG launched fifth residential development. FGEN’s three gas-fired power plans in Batangas are still available but ash fall can cause damages to the plant’s … Continue reading →

OUR VIEW Trade cautiously after Taal’s eruption and continuous ashfall. While de-escalation of the US-Iran tension, on top of the anticipated signing of US-China phase one trade agreement this week to lift the bourse.  Accumulate shares of construction and infrastructure … Continue reading →

OUR VIEW Take a buy position in the market amid easing US-Iran tension. Consider Banks (MBT) and Properties (SLI) on the back of higher credit growth in November. Trade nickel ore exporters (NIKL) as well given the 8% nickel production … Continue reading →