Nov 25, 2012 - PHES, Stock Analysis    No Comments

Christmas bonus? (PHES weekly chart)

This stock rise after a very very long sideways movement. I have been playing with this stock for a while and sometimes going home with nothing. There were frustrations but to those who stayed longer, they have already been rewarded. The rally last two weeks ago was impressive and as we normally experience, there will be a test of newly found support. Looking at the price action it seems that our support is strong. 0.77 was visited twice this week and price never go below that. With the news that was out yesterday,  Gatchalian, Ayalas in talks on Cavite housing venture, are we going to see more rewards soon? Christmas bonus for the loyal holders maybe?

Caveat!

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