#PGOLD Daily Chart

PGOLD DAILY HART

• On the weekly chart, price is moving in uptrend channel.
• Price bounced off from Fib38.2 level (Php47.78)
• COL Rating: Buy / FV: Php60.50

#DNL Daily Chart

DNL Daily Chart

• Currently moving sideways, support seems to be solid at Php10.
• If there will be a breakout, immediate resistance is at Php12
• COL recommended to switch from RRHI to DNL with FV Php12.70

#TEL Daily Chart

TEL DAILY HART

• Price broke the support level.
• Next support level is seen at Php1400

#URC Weekly Chart

URC WEEKLY CHART

• Looking at the weekly chart, price is moving towards the lower channel line.  Since it broke the 38.2Fib level, next support level is around the 50Fib level. 
• COL Rating: Hold with FV Php142
• BPI Trade Rating: Buy/Add with FV Php150

#MER Daily Chart

• Inverted hammer is followed by bearish candle on the resistance area, could this be a sign of reversal? Or perhaps a temporary pullback?

#CNPF Daily Chart

• Tuna canner CNPF hit P2.2-B profit at end-Sept.

Nov 8 2017 Market Summary

TODAY'S TOP GAINER #GSMI