Daily Archives: April 6, 2021

On Balance: Daily Notes for April 07, 2021

OUR VIEW Secure some gains. After the market’s rally yesterday, some traders may book some profits since we see no conviction on yesterday’s performance as the net value turnover posted lower than the year-to-date average. Also, immediate resistance is peg … Continue reading

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On Balance: Daily Notes for April 06, 2021

OUR VIEW Trade within the short-term range of the market from 6,380 to 6,600. The continued expansion of the Philippine manufacturing PMI which pegged at 52.2 may provide positive sentiment, however, this is lower than February’s 52.5. Technical-wise, watch out … Continue reading

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