I have sold all my shares in this company for now as it does not meet my expectations of rising value. I will keep an eye on the stock price and may decide to buy or sell again.
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...