BUY: BDO, FGEN,LPZ HOLD/LIGHTEN: AC, TEL 5-28-2013

UPGRADED TO BUY: BDO, FGEN, LPZ

 

Trade the range and buy into ascending triangle.

BUY: near 90.0 with max uptrend support of 88.0, 85.0, 83.0 target support when went sideways

TARGET: 97.0

P/E: fairly valued at 18.0, RSI at 42

 

Bad news regarding malfunction and fire in one of FGEN's plant, and decreasing almost half of its output in that area. It may take some hit into some losses and less profit,but long-term, its still a good prospect.

A perfect head and shoulder pattern was formed with a neckline equivalent target to 20.0 as the perfect support. FGEN already lost 30% of its value, and its now looking attractive assuming it get back to the typical earnings it gets on a Quarter basis.

BUY: near 20.0, very strong support. Next buying support at 19.0 then 18.0

P/E: 10.5X, lands the cheapest energy sector assuming earnings are solid. RSI at 31

 

 After EDC's Bacman failure, now FGENs' plant was 50% shut down due to fire, making LPZ prone to lower valuation.

BUY: Long term uptrend support is at 5.85 but a BUY near 6.0 is already recommended

P/E: 8x, cheap for a conglomerate, RSI at 15.95, oversold

 DOWNGRADED to HOLD/SELL/LIGHTEN: AC, TEL

  

AC is one of the most held stock by a fund, or equity fund, and with its current price relative to earnings, we think its already in the upper range, and ALI, BPI and GLO has already been set into this price.

Downgraded to HOLD/LIGTHEN/SELL: near 660.
P/E overpriced at 38x.

Suggested to re enter near:
1. 590
2. 550 (preferably when able to hit)

TEL in the NYSE has already corrected 3% from the peak, but TEL in PH still is hovering around the upper long term uptrend channel.

Downgraded to HOLD/LIGHTEN/SELL: near 3250
Suggested to re enter:
1. 3000 level
2. 2900 level (preferably when able to hit)

P/E: slightly overpriced at 19X , RSI at 60