Manny Pangilinan’s Metro Pacific Investments Corporation or MPI in the Philippine Stock Exchange is slowly getting under the market’s radar.

Despite the company’s solid fundamentals, its shares have been laggard for the past several months. From a high of PHP 4.44 last November 2010, it even found itself to a low of PHP 3.11 less than a month ago. However, it was able to pick itself up since that low. After clearing the PHP 3.40 resistance, it sprung towards

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Last March 25, I presented my stock picks as a guest speaker for the Absolute Traders event “BULL pa ba or BEAR na ba???” and one of them was DMCI Holdings Inc. or DMC as listed in the Philippine Stock Exchange (kindly check here). I mentioned that DMC’s  uptrend is still intact and the possibility of a cup and handle pattern forming puts the stock in great shape. Well guess what, DMC is now at a better position given its current breakout!

DMC’s 3.4% gain today propelled the stocks to break above the 5-month cup and handle’s neckline

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If any of you guys missed the recent run-up in the market particularly in the property stocks, don’t fret. You see, there are a lot of technically sound issues nowadays. An example of which is the Yunchengco-led EEI Corporation or simply EEI in the Philippine Stock Exchange.

EEI has been showing signs of a possible bullish reversal since it has been bottoming into an inverted head and shoulders pattern for about 2 and a half months now. Notice in the chart above that the right shoulder is almost completed. Hence, if

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Warning! The shares of Andrew Tan-led Alliance Global Group, Inc. or AGI in the Philippine Stock Exchange could slide further given their recent price action. Let me show you how.

Well, AGI had been consolidating within a symmetrical triangle for a little four months. All along I thought that it was setting up for another bullish because of its run-up during the previous year. It was even one of the few issues, along with San Miguel Corporation (SMC), which held

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“Float like a butterfly, sting like a bee.” Just Like what happened in the Thrilla In Manila, Ayala Land, Inc. or ‘the ALI’ of the Philippine Stock Exchange appears to have found its second wind after faltering for about seven months now.

You see, ALI had been trading on a downward slope since it peaked at PHP 18.70 back on September 9, 2010. It gradually fell and even marked a low of PHP 13.70 this February. Luck, however, turned to its favor when it rebounded

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The property sector appears to be taking the spotlight from everyone else. First it was Megaworld Corporation (kindly see my colleague’s post here) which took the bullish cue. Now, it is the Henry Sy-backed SM Development Corporation or SMDC in the Philippine Stock Exchange which is making the headlines!

The shares of SMDC had slipped backed to around PHP 7.00 on February after it reached a high of PHP 10.22 last September 2010. It then continued to consolidate within a

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Polar Property Holdings Corporation or PO in the Philippine Stock Exchange is a Philippines based company engaged in investment and the real estate business. This was the highlight of the day as its stock price climbed the top of the gainers list with a whooping 19.47% increase. In the process, it had broken out from its 5-month downtrend with a long white candle and a surge in volume after bouncing from the 16-month support days earlier. As a newly breakout, the stocks could continue to rise given that today’s buying pressure will continue in the coming days. However, it might encounter some selling pressure

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Another good day for the Philippine Stock Exchange fellows. During awesome runs like these, it’s the best to take advantage of the opportunities the market gives. Many stocks especially blue chips rise but remember to lock up your profits and not be greedy.

Last January, I posted on Megaworld Corporation or MEG in the Philippine Stock Exchange and mentioned that there was a head and shoulders pattern that was bound to break down and it did shortly (kindly check here). I also mentioned that the target price for its descend could be 1.86 Philippine Peso. With the market’s current

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Holcim Philippines, Inc. or HLCM in the Philippine Stock Exchange is in the business of producing cement and concrete. Last Friday, the company’s shares popped out of the radar when it unexpectedly rose by 10.62%.

HLCM was one of the best performing stocks in 2010. It opened the year 2010 at only PHP 4.75 and reached a high of PHP 16.26 in December. After peaking at the said high, HLCM gradually fell until it marked a low of PHP 10.04 this February 28, 2011. It then consolidated within a symmetrical triangle before it broke out

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After hitting a snag for several months now, it appears that the Philippine Stock Exchange Composite Index (PCOMP) or the PSEi has found its winning shape again. Presently, things looks more upbeat now, at least from the technical point of view, for the Philippine economy as it is represented by the local equities index.

You see, the index had been trading within a descending channel since November of last year as I’ve pointed out in my recent post just the other day (please see

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