Monday, June 30, 2014

DAVIN - June 30, 2014

Weekly Chart

Wednesday, June 18, 2014

PEPSI-COLA PRODUCTS PHILS. INC (PIP) - June 17, 2014

Daily Chart
Potential Bearish Gartley PRZ @ 5.34
Potential Bearish Crab PRZ @ 5.70



















Weekly Chart
Potential Bearish Gartley PRZ @ 5.74



















Monthly Chart
Symmetrical Triangle


Thursday, June 12, 2014

Jollibee Foods Corporation (JFC) - June 11, 2014

Technical View
Weekly Chart
> It seems that JFC is following the Andrew's Pitchfork and found resistance at Median Line.
> See the following support:
   @171.40 (50% Fibonacci Retracement Level)
   @169.90 (20MA)
   @168.79 (50MA)
   @166.54 (61.8% Fibonacci Retracement Level) 

Relative Strenght Index (RSI) - Based on 30-Day Period
> RSI is currently at 56.28.
> Support is at 54.79 (23.6%  Fibonacci Retracement Level)




Tuesday, June 10, 2014

Property Sector - June 10, 2014

Technical View
Daily Chart
> It seems that the Hagopian Line/Trigger Line of Andrew's Pitchfork is supporting the downside of the Property Index. Further support is seen at 2595.
> Resistance is at 2638 (50MA) and 2683 (20MA).

Relative Strenght Index (RSI) - Based on 30-Day Period
> RSI is currently at 51.37.
> Support is at 50 and Median Line of Andrew's Pitchfork.


Monday, June 9, 2014

Philippine National Bank (PNB) Update - June 9, 2014

Technical View
Weekly Chart
> Looks like PNB is forming a Potential Bearish Gartley Harmonic Pattern with PRZ at 105.87. Click here for previous analysis.
> Support is at 91 (50% Fibonacci Retracement), Top of the Kumo or Cloud of Ichimoku and Lower Median Line of Andrew's Pitchfork.
> Resistance is at 97 (61.8% Fibonacci Retracement).

Relative Strenght Index (RSI) - Based on 30-Day Period
> RSI is currently at 53.94.
> Looks like a Possible Bearish Bat Harmonic Pattern with PRZ at 65.15 is forming.
> Resistance is at 55.31  (50% Fibonacci Retracement) and Lower Median Line of Andrew's Pitchfork.
> Support is at 52.30 (38.2% Fibonacci Retracement).



Friday, June 6, 2014

Global-Estate Resorts, Inc. (GERI) - June 5, 2014

Technical View
Weekly Chart
> It seems that GERI is forming a Possible Bearish Bat Harmonic Pattern with Potential Reversal Zone (PRZ) at 2.58. The PRZ coincides also with the Upper Median Line of Andrew's Pitchfork.
> Resistance is as follows:
    1.99 (50.0% Fibonacci Retracement Level)
    2.17 (61.8% Fibonacci Retracement Level)
    2.43 (78.6% Fibonacci Retracement Level)
    2.58 (88.6% Fibonacci Retracement Level)
> Support is at 1.81 (38.2% Fibonacci Retracement Level).

Relative Strenght Index (RSI) - Based on 30-Day Period.
> RSI is currently at 55.41
> Support is at 53.49 (61.8% Fibonacci Retracement Level).
> Resistance is at 57.87 (78.6% Fibonacci Retracement Level).



Monday, June 2, 2014

Philippine Stock Exchange Index (PSEi) Update -June 2, 2014

Technical View
Daily Chart
> PSEi found support from Median Line of Andrew's Pitchfork (Yellow Green Line).
> Resistance is seen at 6756 (Kijun Sen of Ichimoku). 

Relative Strenght Index (RSI) - Based on 30-Day Period.
> RSI is currently at 53.29
> Found support at 50.14 (113.0% Fibonacci Extension).
> Resistance is at 56.95 (61.8% Fibonacci Retracement).