My coverage of Ayala Land Incorporated will begin with a support price of 23/share and a target price of 33/share. This means that I will be closely watching the price movements of this stock as well as any news that could drive the price of this stock up or down.
As of 6/8/2023, these are the stocks that I am covering: SMPH - SM Prime Holdings, and ALI - Ayala...
Buy - I initiated a bid to buy 100 units of SMPH shares today as we anticipate a potential Php 5.00 upside from its current 33.55 closing price. The stock appeared to have reached its support area at around Php 33/share and its currently consolidating in that area which supports this decision.
Update:
I apologize for the long break. I had a lot on my plate with working full time and moving from my rented apartment to my own home. It took up all my time and energy to generate and post my trading ideas. But now I'm back with a new trading idea.
Analysis:
I'm starting to cover SMPH because of the huge trading volume it had in the last few days. The...
1D TF
- A Pattern form a Symmetrical Triangle
- A higher probability of breaking below and targeting the Demand Block at a 22.49%
- It is my first time TA this chart and not really familiar with PSE
- it just got me interested and wonder where the price will go and what will be the directions of the Philippine Market
- I haven't invested in Philippine Market but...
PSEi has approached and continued to hold the 6.8k level as seen in yellow. Strong level for a resistance, now turning support. There seems to be a strong indication that it will be bullish for the week. It is critical to see how the price action will evolve in this area of value.
With PSEi's tendencies to mirror US indices, it may potentially also mirror the...
finding value in a greater bull run is a matter of luck or faith
this could eventually be a runner
great finds value for money and expanding across the islands
catering to new markets and the rise of middle class
the ecommerce site is made simple .. intuitive for first timers and OGs in the online shopping world
All info priced in, current price on phase two tapping the support. Will it bounce or go down? We don't know. All we know so far is that price is hovering the support on phase two and may go up.
