Top picks:
- BDO if breaks down to new low, accumulate near 72. MBT and PNB as well if breaks down to new low
- FGEN at 16.xx and SMPH at 14.xx to 15.3
- SM if reaches 700 5-yr support
Sunday, August 11, 2013
bdo, fgen, mbt, meg, pnb, rcb, sm, smph, tel 8-11-2013
Most banks had a double dip even though reporting good earnings. Chart for PSE looks weak as well and chance of hitting back 5800 level is raised to 50%. Factor of increasing the probability is the reason that US might be heading another correction soon based from its behavior.
Top picks:
- BDO if breaks down to new low, accumulate near 72. MBT and PNB as well if breaks down to new low
- FGEN at 16.xx and SMPH at 14.xx to 15.3
- SM if reaches 700 5-yr support
Top picks:
- BDO if breaks down to new low, accumulate near 72. MBT and PNB as well if breaks down to new low
- FGEN at 16.xx and SMPH at 14.xx to 15.3
- SM if reaches 700 5-yr support
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