Fmetf trending upPrice continues to move in direction of 2pm which shows trust in the Philippine businesses since December.
Ema 20 40 shows basic uptrade. Volume shows price is currently undervalued.
A good thing to buy and hold
About FIRST METRO PHIL. EQUITY ETF
Expense ratio
0.50%
Home page
Inception date
Jan 15, 2013
The Fund aims to provide retums which would reflect the performance of the Philippine equities market by investing in a basket of securities included in the PSEi, prior to the application of fees and expenses.
Classification
What's in the fund
Exposure type
Finance
Retail Trade
Stock breakdown by region
Buy and holdTech analysis shows us the way to enter a buy and hold position for fmetf.
It may take 3 years to hold but as long as more people come about and if gdp increases, value will increase.
Reversal here we comePrice now is in the golden zone so. Buying here will be worth it. As ber seasons come.
Historical price floor here we come.
Buy and hold or cost average from here isn't a bad choice as fmetf is undervalued
Price is bouncing off an old floor zone Price has been challenging an old floor zone. It is a good place to start buying as it may rise in price as ber months continue on.
Price going up fmetfSeptember, ber months means spending for families as the family love causes people to buy gifts in preparation for xmas and travel for the holidays and the remitances from the one's who work outside of Philippines.
See all ideas