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…

PSEi Seems To Be On Pullback Before Hitting 8K Again

PSEi seems to be on pullback before hitting 8K again. Longer time-frame shows that the index is still intact.  As of 30 April 2015, price action is headed for short term correction which is healthy correction on uptrend.   PSEi as of 30 April 2015 closed at 7714.82. As of this date, short term trend is…