PSM Update 06.17.13

June 17, 2013

Trend: consolidation
Phase: market support test

Recomendation: short sell high (during rallies) buy on dips

Good morning

We may see another test of support today and if broken, we might even see further downward momentum this week

There are no big news to expect for the season, as the next investment upgrade seemed to be underhold

However
According to most analysis
Ph is seen to withstand the market volatility even as the sell offs is likely to continue

Well
As for now down trend muna

 

Erwin San Luis

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s