The kids of this generation wouldn’t have a clue on what it was like to play an old fashioned board game such as Snake and Ladders, Game of the Generals and Monopoly. No amount of flashy animation and colourful displays would ever suffice to the thrill and suspense of having to roll a dice which would dictate your next move in the game. Win or lose, the roll of the dice decided your odds.
The Philippines is right at the forefront of the new world order. Recent figures show the Philippines is one of the hottest markets in Asia right now, exceeding the expectations of many economists and analysts.
In response to the rapid growth of IT and its widespread use in professional and personal environments, a number of fascinating careers have emerged to provide manpower for the sector. Computer forensic specialists are some of the most interesting and most important personnel within the world of IT, filling a key role in criminal investigations related to electronic data.
Before the week has been concluded last week, we saw a glimpse of bullishness on our market. We saw some technical indicators suggesting a rebound but last Friday’s closing come just a little bit short to 3 digit positive points. Yes it went up as high as 120+ but come short by 8 points from 100. It would have been more convincing if it gave us a large green candlestick.
Last week we saw a disturbing price action when PSE index plummet last Thrusday. We saw some stocks recovered last Friday but is the storm gone? Let’s see. This week we will be looking at EW, FDC, FLI, MA and PNB for technical bounce. MA as we know it is not a stock we want to hold for a long at this time so if there will be a good price action, better to get away when you have some gains. Greed is not good for this stock. On the other hand, we have heard an old rumor alive again for PNB. This might fuel the price to go up. Let us now take a look at the technical aspect of these 5 stocks.