PINOY INVESTOR SERIES - July 18, 2018 UpdatesteemCreated with Sketch.

in #philippines6 years ago (edited)

Hi Folks,

I've been busy these past few months so in exchange i will be sharing some of the stock market updates here moving forward.

https://bankopinoy.com/philippine-economy-to-grow-faster-in-2017-on-solid-exports-world-bank/


PINOY INVESTOR NEWSLETTER: TODAY IS 07-18-2018


PSE Market Outlook by Regina Capital Development Corp.

The Philippine Stock Exchange index (PSEi) might have gained 12.24 points to close towards 7,381.68 in yesterday’s trade, but problems are beginning to dampen this short-term rally. Despite the PSEi breaching its month-long resistance of 7,354 at the beginning of this week -- in what promises to be a possible recovery -- ended up encountering a temporary upper limit at the 7,416 level.

The PSEi is now struggling to outrally this resistance but has yet to succeed. Pullbacks are to be expected for the remainder of the week, as the index tries to regain momentum and/or establish a support near-term.

Indicators add to claim of temporary weakness: MACD still on buy sign, yet RSI is now dropping to buy territories from previously being oversold. DMI with a flat buying pressure with low momentum.

The PSEi's short-term resistance level is expected at 7,416 while support level is at 7,354.


FYI, our Premium Access subscribers have full and unilimited access to the stock market reports of our partners First Metro Securities, AB Capital Securities, Unicapital Securities, Regina Capital Development Corp., AP Securities, 2TradeAsia, HDI Securities, and RCBC Securities. Check out these brand-new and exclusive reports they prepared for you.

Click the link below and sign up for free.
https://bit.ly/2j9etJw

IF YOU HAVE PREMIUM ACCESS YOU WILL GET FULL ACCESS THESE REPORTS AND MORE!

  1. FREE! Stock in Focus: Megaworld Corp. (MEG) by Unicapital Securities
  2. Stock Rankings: Buy / Hold / Sell Recommendations on 90+ PSE Stocks
  3. Model Portfolios: Unloved, Value Play, Yield Seeker, Riding the Momentum
  4. Stock Picks: For the week July 16-20, 2018 by First Metro Securities
  5. Technicals Talk: Harbor Star Shipping Services Inc. (TUGS) by Unicapital Securities
  6. Technicals Talk: Universal Robina Corp. (URC) by First Metro Securities
  7. Technicals Talk: Security Bank (SECB) by Regina Capital Development Corp.
  8. Technicals Talk: Sta. Lucia Land Inc. (SLI) by AB Capital Securities
  9. Stock in Focus: EEI Corp. (EEI) by Regina Capital Dev’t Corp.
  10. Stock in Focus: Globe Telecom (GLO) by Unicapital Securities

Happy Investing!

Sort:  

Congratulations @willinvestph! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @willinvestph! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @willinvestph! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 1500 upvotes. Your next target is to reach 1750 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemFest³ - SteemitBoard Contest Teaser
The new Steemfest³ Award is ready!

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.032
BTC 61219.98
ETH 2927.64
USDT 1.00
SBD 3.66