Mabuhay Holdings on the Run at 22.45 %!

Last Friday one of the top performers was Mabuhay Holdings Corp. (MHC)  gained 22.45 %  from a low of 0.5 to a high of  0.62 , closing at 0.60 . Looking at the chart below ,

MHC_5Feb2012

With the Momentum (MTM1) pointing up and the MACD  blue line on top of the orange line going positive,  this trend  seems to continue until the resistance around 0.8 ( seen when the graph is slightly minimize and a horizontal line is projected back touching the peaks and throws of the graph ). You may try to buy MHC around 0.55 .

Meanwhile following a good news  about its partnership with Fox International ,  GMA7 continues its ascent  from 8.26 to 9.62 , a gain of 17.03 % after a week of  consolidation. In same reason as above , we expect this trend to continue  as shown on the graph until around 9.7 - 10 resistance lines.

GMA7_5Feb2012

Also mining companies Manila Mining , and Nihao continues the up trend . You may also buy RCBC and ANI  both showing up trend.

Good Luck on your investments!