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PHA_8Mar2012_up
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Premiere Horizon Alliance Corp. (PHA) a Hotel and Leisure company engage in IT gaming and video entertainment made a 7.46 % breakout today after forming a symmetrical triangle formation during the past week. As seen on the graph , both the momentum MTM1 and MACD supported by volume gaining the uptrend . It shall continue to move in this direction until a new resistance is formed.
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PHES_8Mar2012
Meanwhile Phil Estates (PHES) gained 5. 8 % from 0.72 to 0.77 before closing at 0.73 . A doji candlestick was formed and may mean a reversal although momentum and MACD both point upward . So anybody need to be careful in buying this trend.
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