Stock In Focus: Melco Crown (Phils) Resorts ($MCP)

Melco Crown Philippines Resort (MCP) last traded price as of 24 Feb 2016 reached 2.07 from the previous price action of 1.98. At a quick glance using Ichimoku Kinko Hyo indicator: With the current price, short term trend becomes bullish with the last candle which is sitting at the support around the Senkou Span A…

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…