Tag: laid tradesSort
JG Summit Holdings or JGS in the Philippine Stock Exchange for a while had moved past its previous high at PHP 27.50. However, sellers are quick to bring it back towards PHP 27.00. Nonetheless, things still look rosy for JGS at least from a technical perspective at this point in time.
Universal Robina Corporation (URC) To Hit PHP 45.00?
Philex Mining Corporation (PX) Racks Up More Gains!
WTI crude oil suffered an unprecedented fall last week when it was dropped like it was hot from a high of $114.81 per barrel to a low of $94.65 in a matter of days. Since then oil prices have rebounded again. However, it appears that oil could bound for another dip in the near term.
JG Summit Holdings (JGS) To Knock Out Its All-Time High!
JG Summit Holdings, Inc or JGS in the Philippine Stock Exchange could be on the verge of knocking out its all-time high at PHP27.50 just like Manny Pacquiao‘s attempt on Shane Mosley and I’ll tell you why shortly. The JGS stocks racked up some hefty gains today closing the trading session up by 6.1% to PHP27.15.
Century Peak Metals Holdings Corporation (CPM) Reversing Its Course!
The stocks of Century Peak Metals Holdings Corporation or CPM in the Philippine Stock Exchange was today’s top 10 flyer closing the trading session up by 5.26% to PHP2.40 with 6.3 million volume traded. For those who do not know, this company is engaged in the mining industry as well as investing in real estate development and energy.
Philippine National Bank or PNB in the Philippine Stock Exchange made an awesome 60% run in just 2 months. One of the reason for the sudden rise was the speculation of another bank’s acquisition on PNB. From PHP42.05 last February, the price shot up to PHP68.60 2 months later. Then PNB corrected and started consolidating sideways.
The New Zealand dollar increased its value by 20% against the Japanese Yen (NZD/JPY) from 55.00 to 66.00 in less than a month. Afterwards it started consolidating sideways as seen in the 4-hour chart above. In the process, there could be a bullish setup particularly a 1-month symmetrical triangle forming which could propel this forex pair to rise once more.