Monthly Archives: September 2020

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 →

OUR VIEW Accumulate on dips as the market holds above the 5-700 – 5,800 levels, showing strong support despite the negative sentiment overseas. Overnight performance of the US markets may spillover in the bourse with Dow Jones erasing 500 points … Continue reading →

OUR VIEW Trade cautiously as many investors remain on the sidelines, waiting for the positive catalyst to spark the market up to 6,000 levels. Meanwhile, negative sentiment abroad could continue to spillover in the bourse. Investors weighed concerns over the … Continue reading →

OUR VIEW Book some profits as the issues over the big banks abroad, could hit investors’ sentiment. There are reports wherein several global banks moved large sums of allegedly illicit funds for almost two decades. Immediate support is at 5,900, … 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: PNB, TECH, COSCO For the full research,  kindly go here: PTG – September … Continue reading →

OUR VIEW Short-term trading range is from 5,900 to 6,000 levels. The market is currently consolidating within this level, with investors’ participation remains weak. 20-day exponential moving average (EMA) has been the bourse’s short-term dynamic support. Further profit-taking may prevail … Continue reading →