This blog is committed to the serious study and valid understanding of technical analysis and its objective application to stock selection, risk management and execution primarily in the context of trading stocks listed in the Philippine Stock Exchange (PSE).

Sunday, January 13, 2008

PSEi, 1/11/08


  • Trending down in a price channel
  • Currently in a technical correction and appears headed towards the trendline resistance
  • MAs are all pointing south confirming the strength of the trend
  • Major support/resistance levels: 3375/3667
  • No apparent evidence of a bottoming out

No comments:

Post a Comment