Fundamental move here from PSEC after a recent earnings beat pushing through historic resistance. More information to come as a do more research, but these are targets that I could find moving forward on this bull train.
Stock is making higher high and higher low on Daily time frame however currently RSI Osc. showing a break for down trend. current correction is supposed to follow 5700 levels before it make a new impulse in primary trend of bulls.
Share your views on my idea by your comments.
The Phillipines index has finished a corrective 3-wave intermediate pattern that retraced around 38% and reached the fourth wave level of two lower degrees, this could mean the end of this correction. It seems to be finishing wave B, if price crosses up 6,000, the probable target to the upside lyes around 7,300. If price crosses down 5,380 this analysis should be...
This is one of my dividend holdings that I picked up on Friday (1,000 shares). It pays an 11% annual dividend, but also enjoys movements of quick bearish drops and equally quick recoveries.
Full details of this play at https://wingtrades.com!
My entry of 1,000 shares was at $6.47 on Friday, February 8, 2019.
Philippines ETF is going all over.
It is definitely early to say but I can't help but see signs of wear.
Bears may be taking over soon. Once they become obvious, it will be late by then.
I am cautiously Bearish.
This analysis not include personal feeling/opinion, and pure base on technical analysis
Two major buy signals occurred along with positive news for the company in the past two weeks. The Monthly and Weekly charts show a positive break to the upside, with a low-risk stop loss point. Average yearly return of a monthly dividend is 11% #StayFriendly