MEG gains 2.82 %

Megaworld  (MEG) gained another 2.82 % today after breaking the previous low of 2.12 and closing at 2.19.

MEG_12Apr2012

Since the beginning of March MEG has been trending up  supported by all technical indicators   MACD, RSI  and volume.

RFM gained 4 %

RFM Foods (RFM)  gained another 4% today 12:00 am and remains  bullish as of said time. As seen on the graph  below:

RFM_20Apr2012_up

All technical indicators from trendline  to volume, RSI, & MACD  show a bullish uptrend .  

ION continues its Gain at 2.05 ; ATS ,PHES lower

ION  gained from 1.7 to 2.3 before closing at 2.05 for a gain of  23 %. This 2 days consecutive uptrend maybe attributed to the 100 % dividend planned for shareholders .

ION_16Mar2012_up

As seen on the graph , volume  and technical indicators  momentum, RSI  &  MACD   are all uptrending and should continue for the next few days until a new resistance is formed .

Likewise the same is true for  ATS  Aboitiz Transport Shipping Company .

ATS_16Mar2012_weekly

As seen on the graph , its price has broken above the 2.1 resistance and shall continue to move higher.

Remember to buy only using 2% of your principal to each one as part of good money managament .
Meanwhile , PHES is starting to trend lower and needs to be sold for a nice gain .

ACE gained more to P11.5 per share, PHES breakout at 0.7

ACE Acesite Hotel  builder of the 1st European indoor  water spa in the Philippines continued its gain from P4 /share since Feb 2  and now at P11.5.

ACE_15Mar2012_up

As seen on the graph all technical indicators  : Simple Moving Average (SMA) , momentum MTM1 and oscillator MACD shows an uptrend and shall continue this trend for now until a stop is decided by the majority of the market makers. 

Meanwhile PHES Phil Estates continue its ascend after breaking the last resistance at 0.7 (this may be seen if you minimize the graph ) and actually broken the top of a Cup and Handle pattern at 0.55 three days ago.

It means a longer uptrend is to be expected for the coming days until the maximum height of the Cup pattern of  approximately 1.01 is achieved.

PHES_15Mar2012_CUP

As always , the trend is our friend if we follow the right strategy . Don't put all your eggs in one basket and be safe .