RFM Corporation (RFM) - April 29, 2014

Technical View
Weekly Chart
> RFM is forming a Possible Bearish Butterfly Harmonic Pattern with Potential Reversal Zone (PRZ) at 6.70.
> Support at  6.15 or the 100.0% Fibonacci Retracement Level.
> Resistance at 6.41 or the 113.0% Fibonacci Retracement Level.
> RSI is currently at 60.75 (Based on 30-Day Period). Resistance at 61 and Support at 53.

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MANILA WATER COMPANY, INC. (MWC) - April 28, 2014

Technical View
Daily Chart
> MWC completed the Bearish ABCD Harmonic Pattern last last week. The Potential reversal Zone
 is also  in confluence with Median Line of Andrew's Pitchfork (RED).
> Support is at Lower Median Line of Andrew's Pitchfork (RED). Further support is noted at 20MA@25.
> RSI is currently at 59.28 (Based on 30-Day Period). Support at 50.

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Philippine Stock Exchange Index (PSEi) Update - April 28, 2014

Technical View
Daily Chart
> PSEi respected the Bearish Shark Harmonic Pattern that we identified Here.The market continued to tumble today as the PSEi closed at 6,604.35 registering a -80.75 pt. or -1.21% decline.
> Found resistance near the 200% BC projection of Bearish Shark Harmonic Pattern.
> It seems that the 20MA(6,600) is supporting the downside. Further support is noted at Lower Median Line of Andrew' Pitchfork  and 88.6% (6,542) Fibonacci retracement level.
>  RSI is currently at 56.45 (Based on 30-Day Period. Support is at 50.                                                  

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Nickel Asia Corporation (NIKL) - April 27, 2014

Technical View
Weekly Chart
> It seems that NIKL is forming a Possible Bearish Three Drives Harmonic Pattern with Potential Reversal Zone (PRZ) at 25-28.
> RSI is currently at 71.94 (Based on 30-Day Period).
For those who are planning to buy please be careful . RSI is on Overbought Level and the price already reached the PRZ.

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PHIL. LONG DISTANCE TEL. CO. (TEL) Update - April 27, 2014

Technical View
Daily Chart
> The Potential Bearish Crab Harmonic Pattern that we identified HERE is not yet completed.
> TEL found Resistance at 141.4% Fibonacci Extension and Median Line of Andrew's Pitchfork.
> The 88.6% Fibonacci Retracement Level (PRZ of a Bearish Bat), 200MA and Lower Median Line of Andrew's Pitchfork seems to be supporting the downside. Furthermore support is noted at 61.8% Fibonacci Retracement Level.
> The last Candlestick was a Morning Doji Star which is a Bullish Reversal Candlestick Pattern but we still need a confirmation on Monday.
> First GAP was already  filled but there is still another GAP around 2760-2770.
> RSI is currently at 56 (Based on 30-Day Period). Resistance is at 64 and Support at 50.

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Marcventures Holdings, Inc. (MARC) - April 24, 2014

Technical View
Weekly Chart
> MARC found resistance at 5.26 which is the Potential Reversal Zone (PRZ) of a Bearish ABCD Harmonic Pattern. The PRZ is also in confluence with Upper Median Line of Andrew's Pitchfork.
> Support is at 38.2% Fibonacci Retracement Level and Median Line of Andrew's Pitchfork.
> RSI is currently at 74.58 (Based on 30-DAY Period).

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Phoenix Petroleum Philippines, Inc. (PNX) - April 24, 2014

Technical View
Weekly Chart
> Looks like PNX is forming a Potential  Bearish Crab Harmonic Pattern with Potential Reversal Zone (PRZ) at 6.79.
> Resistance at 141.0% Fibonacci Extension and Median Line of Andrew's Pitchfork.
> Support at 127.2% Fibonacci Extension.
> RSI is currently at 57.60 (Based on 30-Day Period). Resistance at 60.

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iShares MSCI Philippines ETF (EPHE) - April 23, 2014

Technical View
Daily Chart
> EPHE encountered resistance at Median Line of Andrew's Pitchfork.
> Support at Lower Median Line of Andrew's Pitchfork and 38.2% Fibonacci Retracement.
> RSI is currently at 58.30 (Base on 30-Day Period). Resistance at 62 and support at 55.

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SM Prime Holdings, Inc. (SMPH) - April 23, 2014

Technical View
Daily Chart
> SMPH found Resistance at Median Line of Andrew's Pitchfork.
> Support at 38.2% Fibonacci Retracement Level , 200MA and Lower Median Line of Andrew's Pitchfork.
> Check also the Hidden Bearish Divergence.
> GAP (This will be Filled in the near Future).
> RSI is currently at 63 (Base on 30-Day Period). It should break the RSI Wall in order for SMPH to go Higher.

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Leisure & Resorts World Corporation (LR) - April 23, 2014

Technical View
Weekly Chart
> It seems that LR is forming a Possible Bearish Crab Harmonic Pattern with Potential reversal Zone at 9.33.
> Support at 100.0% Fiboancci Retracement Level.
> Resistance at 127.2% Fibonacci Extension.
> RSI is currently at 58.72 (Base on 30-Day Period). Support at 56 then at 50. Resistance at 63 next at 70.

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D&L Industries, Inc. (DNL) - April 22, 2014

Technical View

Weekly Chart

> Looks like DNL is forming a Possible Bearish Crab Harmonic Pattern with Potential Reversal Zone (PRZ) at 10.33.

> The 113.0% Fibonacci Extension seems to be supporting the downside. Further support is noted at 100.0 Fibonacci Retracement Level and Lower Median Line of Andrew's Pitchfork.

> Resistance at Median Line of Andrew's Pitchfork and 127.2% Fibonacci Extension.

> RSI is currently at 68.78 (Based on 30-Day Period). Resistance at 70.

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Aboitiz Equity Ventures, Inc. (AEV) - April 21, 2014

Technical View
Daily Chart
> AEV is forming a Possible Bearish Bat Harmonic Pattern with Potential Reversal Zone (PRZ) at 60.23.
> Support at 50.0% Fibonacci Retracement Level.
> Resistance at 61.8%  Fibonacci Retracement Level.
> RSI is currently at 54.33 (Based on 30-Day Period). Resistance at 61.

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SM Investments Corporation (SM) - April 21, 2014

Technical View
Daily Chart
> It seems that SM is forming a Potential Bearish Deep Crab Harmonic Pattern with Potential Reversal Zone at 752.
> Support at Median Line of Andrew's Pitchfork and 88.6% Fibonacci Retracement Level.
> Resistance at 113.0% Fibonacci Extension.  
> RSI is currently at 53.44 (Based on 30-Day Period).                                                                            
                                                                                                 


















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Philippine Stock Exchange Index (PSEi) -April 20, 2014

Technical View
Daily Chart
>Looks like PSEi is forming a Possible Bearish Shark Harmonic Pattern with Potential Reversal Zone (PRZ) at 6704.
>Spotted Bearish Divergence on Daily Chart
>Support at 100% Fibonacci Retracement Level.
>Resistance at Median Line of Andrew's Pitchfork and 113% Fibonacci Retracement Level.
>RSI is 61.92 (Based on 30-Day Period.

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PHIL. LONG DISTANCE TEL. CO. (TEL) Update - April 19, 2014

Technical View
Daily Chart
>TEL completed the Bearish Bat Harmonic Pattern that was identified Here. Lets see in the coming days if the PRZ will be respected or it will follow the Potential Bearish Crab Harmonic Pattern that is forming with Potential Reversal Zone (PRZ) at 2932.
>Check also the GAP (This will be Filled in the future)
>Support at 78.6% Fibonacci Retracement Level.
>Resistance at 88.6% Fibonacci Retracement Level and 200MA.
>RSI is currently at 56.98 (Based on 30-Day Period). Resistance at 60 and Support at 50. 

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PHIL. LONG DISTANCE TEL. CO. (TEL) - April 15, 2014

Technical View
Daily Chart
>Looks like TEL is forming a Potential Bearish Bat Harmonic Pattern with a Potential Reversal Zone (PRZ) at 2806.
>The 50% Fibonacci Retracement is acting as support and the 61.8% Fibonacci Retracement together with the Andrew's Pitchfork Lower Median Line is serving as resistance.
>There is a Median Line Trading Principle by Alan Andrew that if the price does not reach the Median Line, the price moves in the opposite direction more than the previous swing size.(Let's observe this principle)
>RSI is currently at 53.21 (Based on 30-Day Period). Resistance at 65 and Support at 50.

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AYALA LAND, INC. (ALI) - April 14, 2014

Technical View
Weekly Chart
>ALI completed the Bearish Shark Harmonic Pattern last April 4, 2014. The Potential Reversal Zone (PRZ) is in confluence with Higher Median Line of Andrew's Pitchfork and the 361.8% Fibonacci Time Zone.
>Support at 38.2% Fibonacci Retracement and 50MA.
>Resistance at 23.6Fibonacci Retracement and Median Line of Andrew's Pitchfork.
>RSI is currently at 52.76. (Support @50)

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San Miguel Corporation (SMC) - April 13, 2014

Technical View
Quarterly Chart
>Last February 4, 2014 SMC bounced from the Potential Reversal Zone (PRZ) of a Bullish Shark Harmonic Pattern. The PRZ is also in confluence with Fibonacci Time Zone (Vertical Blue Lines).

Weekly Chart
>The 38.2% Retracement seems to be supporting the downside. Further support at 50MA and Median Line of Andrew's Pitchfork.
>Resistance at 50.0% Fibonacci Retracement.
>RSI is currently at 51.24 (Resistance at 58).

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Metro Pacific Investments Corporation (MPI) - April 11, 2014

Technical View
Daily Chart
>MPI just completed a Bearish Butterfly Harmonic Pattern. The Potential Reversal Zone (PRZ) is also in confluence with Median Line of Andrew's Pitchfork.
>Found support at 113.0% Fibonacci Extension. Further Support at Lower Median Line of Andrew's Pitchfork.
>RSI is currently at 62.31.

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First Gen Corporation (FGEN) - April 11, 2014

Technical View
Weekly Chart
>FGEN encountered resistance at 50.0% Fibonacci Retracement, 50.0% Fibonacci Fan and Arc.
>The 38.2% Retracement seems to be supporting the downside. Further support at 50MA (P17.18), 38.2% Fibonacci Arc and 61.8% Fibonacci Fan.
>RSI is currently at 53.70. (Resistance at 56)

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Petron Corporation (PCOR) Update - April 10, 2014

Technical View
Daily Chart
Click Here for PCOR previous analysis.
>PCOR found resistance at 50.0% Fibonacci Retracement, 20MA and Median Line of Andrew's Pitchfork.
>Support at 38.2% Fibonacci Retracement.
>RSI is currently at 43.89.

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Alliance Global Group, Inc. (AGI) - April 10, 2014

Technical View
Daily Chart
>AGI daily chart is forming a Possible Bearish Crab Harmonic Pattern with Potential Reversal Zone (PRZ) at 32.28.
>Support is at 61.8% Fibonacci Retracement and Lower Median Line of Andrew's Pitchfork (Green).
>Resistance is at 88.6% Fibonacci Retracement.
>RSI is currently at 57.64.

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Financial Sector Update - April 10, 2014

Technical View
Daily Chart
>Looks like the Financial Index is forming a Potential Bearish Three Drives Harmonic Pattern.
>Just like the PSEi it seems that the Financial Index is also  following the Andrew's Pitchfork. Please be guided with the Andrew's Pitchfork they will act as support and resistance.
>Support is at Median Line of Andrew's Pitchfork (Bright Green) and Resistance at Upper Median Line of Andrew's Pitchfork (Blue).
>RSI is currently at 59.43.
Check my previous analysis here.

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Philippine Stock Exchange Index (PSEi) Update -April 10, 2014

Technical View
Daily Chart
>It seems that PSEi is following the Andrew's Pitchfork and closed above the Median Line.
>Support is at 127.0% Fibonacci Extension and Resistance at 161.8% Fibonacci Extension.
>RSI is currently at 61.67.
Check Here for previous analysis.                                                                                                                            

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International Container Terminal Services, Inc. (ICT) - April 8, 2014

Technical View
Weekly Chart
> Looks like ICT weekly chart is forming a Possible Perpect Bearish ABCD Harmonic Pattern with a Potential Reversal Zone(PRZ) at 114.71 or 161.8 BC Projection.
>Support at 127.2 BC Projection and Lower Median Line of Andrew's Pitchfork. Resistance is at 161.8 BC Projection and Median Line of Andrew's Pitchfork.
>RSI is currently at 62.04.

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DMCI Holdings, Inc. (DMC) - April 8, 2014

Technical View

Weekly Chart

>It seems that the Potential Reversal Zone (PRZ) of a Bearish Crab is already retested for four times. Let’s see in the coming days if the Bull will give up or it will break the PRZ and make a new high.

>Next support is at 23.6% Fibonacci Retracement and Lower Median Line of Andrew’s Pitchfork. Resistance is at 161.8% Fibonacci Extension or the PRZ of Bearish Crab.

> RSI is currently at 63.62.

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Jollibee Foods Corporation (JFC) - April 7, 2014

Technical View
Weekly View
>It seems that JFC is respecting the Andrew's Pitchfork.
> Next resistance is at 78.6% Fibonacci Retracement then 88.6% Fibonacci Retracement and Median Line of Andrew's Pitchfork. See  the color green.
> Support at 61.8% Fibonacci Retracement.
> RSI is 59.33.

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Holcim Philippines, Inc. (HLCM) - April 7, 2014

Technical View

Weekly Chart

>Looks like HLCM is forming a Possible Bearish ABCD with a Potential Reversal Zone (PRZ) at 16.50. The PRZ is in confluence with the Median Line of Andrew’s Pitchfork that will act as resistance. Check the Yellow Oval.

>There are four Resistance that HLCM encountered First is 38.2% Fibonacci Retracement second is the Median Line of mini pitchfork the third is 20MA and the fourth one  is 50MA. See the Green Oval.
> Support is the lower Median Line of Andrew’s Pitchfork.

> RSI is 50.73.

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Property Sector Update - April 4, 2014

Technical View
Daily Chart
Click Here for previous analysis.

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Philippine Stock Exchange Index (PSEi) Update -April 4, 2014

Technical View
Daily Chart
Check here for previous analysis.

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Philippine Stock Exchange Index (PSEi) Update -April 3, 2014

Technical View
Daily Chart
Check here for previous analysis.

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