Stock In Focus: SSI Group Inc. ($SSI)

The specialty retail store arm of Rustan, SSI Group Inc. (known as $SSI) had an IPO at P7.50 per share last November 2014.  Two investors had a big chunk of the share like GSIS and BPI.  The company, which includes Stores Specialists, Inc. as part of its group, retails 103 international brands including Hermès, Prada,…

$LC Is Approaching A Major Resistance

Lepanto Consolidated Mining A ($LC) is on major resistance at 0.33 in a weekly chart. Will the bulls’ strength overpower the bears?  For the past 5 days, volume has increased as the price of gold in the world market has dramatically shoot up. Considering that this is the major resistance, selling pressure is concentrated in…

Stock In Focus: Emperador Inc. ($EMP)

Emperador Inc ($EMP) Based on pse disclosure: Grupo Emperador Spain S.A., a company owned by Emperador, Inc., said  it has reached an agreement with Beam Suntory to acquire the company’s Spanish brandy and sherry business with an all-cash offer of 275 million euros or P13.8 billion. The acquisition further strengthens Emperador’s dominant position as the…

Stock In Focus: LT Group Inc. (LTG)

Philippine Stock Exchange Index (PSEi) as of 13 November 2015 is in negative territory.  In a daily chart, the last traded price as of 13 Nov 2015 is 6897.77 which is bearish as per ichimoku elements.  The next support level is near 6862. In weekly chart, trend strength is down and weak. The next support…

Stock in Focus: Phoenix Semiconductor Phils (PSE:PSPC)

Phoenix Semiconductor Phils (PSE:PSPC) last traded price as of 10 July 2015 is 2.13. In a bigger pattern, $PSPC is forming triangle pattern which broke the resistance at 2.10. The following bullish signs as of 10 July 2015: 1. MACD line has already crossed above the signal line while stochastics also indicate bullishness. 2. Based…

Stock in Focus: Trans-Asia Oil and Energy Corp (PSE:TA)

Stock in Focus: Trans-Asia Oil and Energy Corp (PSE:TA) The stock, Trans-Asia Oil and Energy Corporation (PSE:TA) is generally in bearish trend both in short and midterm. 1. In a daily chart (based on last traded price as of July 3, 2015), MACD line is trying to cross the signal line which signifies a reverse…

Bullish Patterns: $PPC & $CROWN as of July 3, 2015

Bullish Patterns:  $PPC & $CROWN as of July 3, 2015: Here’s the price action which seems like a bullish pattern of $PPC (Pryce Corporation) The breakout of the resistance level at 3.55 & 3.67 is an an interesting move. Here’s another bullish pattern of $CROWN (Crown Asia Chemicals Corporation) An interesting move is a breakout…

Technical Analysis of FNI & URC as of 16 June 2015

Global Ferronickel Holdings, Inc. (PSE:FNI) FNI last traded price as of June 16, 2015 is 1.71.  Based on daily chart, short term trend is bullish as per ichimoku elements.  The critical resistance levels that FNI need to break are the 38.2% fibonacci at 1.90 and 50% fibo at 2.10. However, there are also support-turned resistance…

Stock In Focus: $FNI, $PSPC & $BEL as of 18 May 2015

Here’s the stock in focus: GLOBAL FERRONICKEL HOLDINGS INC (FNI) Global Ferronickel Holdings Inc (PSE:FNI) is in a trading range between 1.80 to 1.92. This is supported by its RSI which is neither oversold nor overbought and ADX which is chopping around sideways. Considering that short and midterm trend is still bearish as per ichimoku…