Financial - Buzz Talk & News

Philippine National Bank Notes: - Breakout from 52 week high with heavy volume. - Price establishing a new high with rising volume may indicate a bullish continuation of the current trend. Rising RSI and an MACD signal line cross are also in conflue... more

Y-T-D  (As of 04/27/2012 Data) #1 - UBP  #2 - RCB #3 - MBT #4 - PNB #5 - CHIB #6 - BPI #7 - BDO   >>> LAGGARDDD !!!!! more

Metrobank - After the recent rally to 90, it is now retracing and potentially forming a descending channel pattern (a short term bearish move as price correct but often forms within the longer term uptrend as a continuation pattern). A bre... more

Philippine National Bank - The previously set target of 75 has been hit and the high of the day touch the outer uptrend resistance line before closing at 75. With the upcoming long holiday this week, volume may contract and minor pullback may happen... more

Philippine National Bank - PNB has been trading in an uptrend channel for 3 months now and its recent price is again approaching the uptrend support line. - With declining volume, this may signify that this pullback is just a minor correction and th... more

Metrobank - Potential breakout from an uptrend channel with considerable volume. - Immediate resistance at 86.7 was broken. - Breakout from symmetrical triangle pattern has been confirmed with current price halfway to the potential target. Not... more

Metrobank - Potential breakout from an uptrend channel with considerable volume. - Immediate resistance at 86.7 was broken. - Breakout from symmetrical triangle pattern has been confirmed with current price halfway to the potential target. Not... more

Metrobank - Potential bullish breakout from the Symmetrical Triangle pattern with good volume. - Immediate resistance around 88 along the uptrend resistance line. If this resistance hold, it may possibly continue trading within the uptrend... more

Metrobank - Currently moving sideways and potentially forming a symmetrical triangle pattern. - Price action may continue to trade in range within the trend lines. - Immediate resistance is at 86.7 (52wk high) and support at 80. - Current price is s... more

Philippine National Bank - A potential "Ascending Triangle" pattern is forming which may signifies bullish continuation of the current trend. Breakout confirmation is required. - The upcoming "Special Stockholders Meeting" this coming March 6, may f... more

Metrobank After hitting the previously set near term target of 86, it corrected deeply back to the uptrend line support. Things to monitor for potential trading opportunity. - May possibly bounce from the uptrend line support. - Post divi... more

Philippine National Bank - Potential breakout from the consolidation channel with expanding volume (Rectangle Pattern). - Near term catalyst to support upside price action will be the merger completion of PNB and Allied Bank. - Immediate suppor... more

Metrobank It looks like the breakout happened sooner than I expected. It hit my initial target of 84 and a bit short of hitting the next target of 86 by just 0.3 points (85.7). Apparently, this was fueled by upbeat US jobs data and rectified by... more

Metrobank After the recent breakout, looks like 81.5 is the immediate resistance for now. Possible consolidation/correction at this level may occur after breaking the 52week high. Upside potential in the near term may still be there with the upcomi... more

Metrobank Could this be the breakout signal? MBT surge up in the afternoon trading yesterday breaking the 77.8 resistance. This is also the breakout signal from the "Ascending Triangle" pattern it formed during the recent consolidation. A high... more