Atlas Consolidated Mining and Development Co #AT

AT DAILY CHART

NOTES:

• While price is moving higher high, indicator is moving lower high which is a bearish divergence.  Most likely a pullback will happen in the coming days, just wait for SOR on support area.
• Max target is at 6.28 level.

Union Bank of the Philippines Inc #UBP

UBP WEEKLY CHART

NOTES:

• Weekly chart: though this has been moving upward, RSI is showing lower high which is bearish divergence.  If it successfully break the resistance area around 78, minimum target is at 86.

Leisure And Resorts World Corporation #LR

LR DAILY CHART

NOTES:

• Daily chart: a possible breakout from the ascending triangle, let's see if the volume will validate this attempt.
• Weekly chart: price seem to approach the downtrend line which happen to coincide with the 38.2% fib level.

Cityland Development Corpoation #CDC

CDC WEEKLY CHART

NOTES:

• Weekly chart: breakout from consolidation however volume seem to be weak.
• Price range is 18.81%
• RSI is now at the overbought level.

Ayala Land Inc #ALI

ALI 1HR CHART

NOTE:

• 1 Hour chart: hitting the downtrend line.  Breaking above it may lead to next resistance at 34 however, RSI is showing some weakness which may return to support area.

Which Sector Beats The PSEi?

NOTE:

• Among all sectors, mining & oil is the one beating the PSEi.  Followed by property, holding firms and financial sector.

Alliance Global Group Inc #AGI

AGI MONTHLY CHART

NOTE:

• Monthly chart: still very bearish however support was able to sustain at 12.22 area which is also the 61.8% fib level.  Expect short rally. 

Aboitiz Equity Ventures Inc #AEV

AEV DAILY CHART

NOTE:

• Daily chart: currently moving sideways, minimum target is at 76.  If momentum continues to move upward, expect to hit resistance at 79.50

Ayala Corporation #AC

AC 1HR CHART

NOTE:

• Hourly chart: If support with hold at 722, minimum target is set at 748.

Melco Crown Resorts #MCP

MCP DAILY CHART

PSEI vs MCP

NOTES:

• Has been consolidating in ascending triangle.  A breakout from this can lead to next resistance level at 5.40 (based on its previous resistance level last Sept. 2015)
• Despite the bearishness of the market, this stock still outperforms the PSEi. 

Oriental Peninsula Resources Group Inc #ORE

ORE DAILY CHART

NOTES:

• 1.18 is very significant area based on its historical movement.
• If it breaks the descending triangle, next target is at 1.48 - 1.60 but if it fails, expect to see sideways movement.

PSEi

PSEI DAILY CHART

NOTES:

• PSEi closed yesterday with a hammer candle, let's wait for the next confirmation candle to validate this reversal signal.

Jollibee Foods Corporation #JFC

JFC DAILY CHART

NOTES:

• Ex-div date today and as expected some already sold their shares and took some profit.
• Support must hold around 208, if not we'll expect next support based on fib 78% level near 192.
• Daily chart: if 208 will hold, we can presume that price may move in range between 208-218.

First Gen Corporation #FGEN

FGEN DAILY CHART (click image for larger view)

NOTES:

• Price is moving in downtrend channel though approaching the upperline. 
• Price recovered near fib 50% level at 22.10
• A possible retest of resistance near 24 (third is a charm)

Crown Equities Inc #CEI

CEI WEEKLY CHART

NOTES:

• Weekly chart: A retest from the previous breakout last July 25, 2016, price seems to settle at support level around 0.1441
• If price continues to move upward, major resistance may hit around 0.20 level

Semirara Mining and Power Corporation #SCC

SCC DAILY CHART

NOTES:

• Recovery seems to continue for SCC as it broke the fib 50% area at 132.50
• Price is moving in an uptrend channel and hitting the upperline. Watch out though as STS indicator is approaching overbought level
• 50MA is pointing upward. 
• Next target to hit is around fib 61.8% level at 141.20

Dizon Copper-Silver Mines Inc #DIZ

DIZ WEEKLY CHART

NOTES:

• What we want to see is that to break the resistance area around 10.90, if it fails to do so this may continue to move sideways.
• Min tp 14.30

Universal Robina Corporation #URC

URC WEEKLY CHART

NOTES:

• Weekly chart: Moving sideways, will it return near 220?
• Daily chart: Price is moving through down channel expecting to break the resistance area.

Primex Corporation #PRMX

PRMX DAILY CHART

NOTES:

• Weekly chart: Price retest previous support around 3 level with a bullish candle.
• Daily chart: Price just closed above 50MA
• Let's see if it will continue to move upward or proceed with sideways.

Ayala Corporation #AC

AC DAILY CHART

NOTES:

• Let's wait for the confirmation candle tomorrow to validate this bullish reversal signal.
• 720 area is significant as it was the previous support and hitting the 61% fib level.

Bloomberry Resorts Corporation #BLOOM

BLOOM MONTHLY CHART

NOTE:

• Can we expect a breakout?

Nickel Asia Corporation #NIKL

NIKL DAILY CHART

NOTES:

• Price is hitting the upper channel and STS is already in overbought level, trade cautiously.
• Monthly hart shows price is moving upward aiming to hit 10 area.

Atlas Consolidated Mining Development Corporation #AT

AT DAILY CHART

NOTES:

• From the monthly hart, we can see a bullish candle breaking the short-term consolidation since Aug 2016.
• What we want to see is to break the 5.20 area  to confirm the reversal.
• 50MA is somewhat pointing upward as buyers dominating the sellers.
• Min tp 6.30

A Brown Company Inc #BRN

BRN DAILY CHART

NOTES:

• Broke the resistance level from the descending triangle with a little volume spike.  Attempted to break the 1.23 area though the candle closed bearish.
• 50MA still pointing downward showing downtrend.

BDO Leasing and Finance Inc #BLFI

BLFI DAILY CHART

NOTES:

• Could this be a legit or false breakout?  Let's see in a few minutes.

XURPAS #X

X DAILY CHART

NOTES:

• Though we see a strong downtrend, sellers are somehow taming down.
• If support area will sustain around 9, resistance will be around 10.80-11.40
• 9.16 is a significant level as support was at this level last April and August 2016.

FERRONICFKEL #FNI

FNI DAILY CHART

NOTES:

• Though the 50MA is still pointing upward, we an see a bearish divergence signal as price move higher high while the indicator is showing higher low.
• Watch out if support will sustain at 1.14 area.

Century Properties Group Inc #CPG

CPG DAILY CHART

NOTES:

• If someone is happy with Trump triumph yesterday, it would be the CPG holders ☺
• This sleeping stock surges with a whooping 23% gain (congrats and Merry Christmas in advance)
• Be cautious though as indicators are moving above overbought levels, let's see if the euphoria will continue today.

Metropolitan Bank and Trust Company #MBT

MBT DAILY CHART

NOTES:

• After it broke the 50% and 38.2% fib level, it was able to recover around 77 level.
• LL + HL = bullish divergence
• RSI pointing upward above 30%
• Min TP 82
• If it fails, watch next support level at 74 area.