psei

esteban esteban PRO PH/PSEI, W, Long , 3 months ago
PH/PSEI: Still Long PSEi despite a MACD sell crossover
90 2 1
PH/PSEI, W Long
Still Long PSEi despite a MACD sell crossover
I think PSEi is on its way to retest the 20/50 EMA area. The bullish run from January's low still looks strong. The MACD crossover is a weak sell signal. Go and take your profits. Goodluck!
esteban esteban PRO PH/PSEI, D, Short , 10 months ago
PH/PSEI: PSEi bounces back up
107 0 1
PH/PSEI, D Short
PSEi bounces back up
The yearly support at 6282.87 was strongly held last week. US equities also made a strong finish last Friday, which could potentially give a positive result on Philippine equities come Monday, probably up until the Chinese New Year. I'm still bearish with the PSEi, though. The 50-day EMA is now being tested. Let's ...
esteban esteban PRO PH/PSEI, D, Short , 10 months ago
PH/PSEI: PSEi still on a downtrend
9 0 0
PH/PSEI, D Short
PSEi still on a downtrend
The odds are still on the downside. In fact, it has broken the second line of support at 6282.87 I suggest staying away, at least for now. Let's see if the third line of support at 5696.97 will hold.
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