Market Recovered : Manila Mining Gained 5.56%

The PSE market bulls won this time with 13.9% gain and Manila Mining likewise increase by 5.56 % with 2.6 Billion shares traded.

MA_10Feb2012-up

With Momentum MTM1 just above the zero line , investors need caution although the green candlestick and both MTM 1 & RSI  are both pointing up shows a bullish signal.

Also , Unioil and Ever both gained 4.62% and 4.42 % respectively recovering my paper loss in steps. With Ever forming a Cup and Handle formation , we expect these stocks to gain more in the coming days.

Ever_10Feb2012_up

Uni_10Feb2012_up

With both the Momentum and MACD showing blue lines on top of  orange lines , we expect the bullish trend to continue until  next week.

Have a nice weekend  & Happy Investing !