Merkado PH

DMC is a another blue chip which is a strong candidate for bagger.  52-week high: 10.74 52-week low: 3.10 YTD: -37.97% At 4.10 it is already cheap. Accumulate below 4 and sit. If 4 wont be broken we will see a revisit at 4.50 resistance.  Stop buying if it goes below 3.9 with heavy volume.  Speculative play: WEB (2 weeks play) Buy below 2.2 and wait until mapansin ng insti. Volume na lang kulang. Nagsisibilihan na ang mga foreign. 

Cebu Landmasters Inc 52-wk high: 5.38 52-wk low: 3.00 YTD: -9.73% Entry point would be 4.15 below.  TP 5 CLI has been rallying from June 18. Already up from 12% from 3.82 price a week ago. Today it closed at 4.36 and its looking to break the 2nd resistance at the 4.50 range. If 4.50 will be broken next resistance would be at the 4.8 range. Net foreign has been exiting from June 11. So keep an eye on it.  As always, plan your trades and stick to it.  Stay safe, stay home and trade!

A friend of mine asked me about Metrobank and Ayala Land charts:  Here's my take on Metrobank (MBT):  Metrobank is heavily affected by Covid19. As you are aware they are also into car business, being the financial arm of Toyota Philippines whose car sales are brought to record-lows by the pandemic.  Support would be 30-32, if it does not hold it is likely to revisit the 20 region. You can buy this for long term position and yearly dividends but please buy below 32 and average down each time the price go to the support areas. Think of long term, say 2-3 period and only put it cash you wont need immediately.  52wk high: 70.04 52 wk low: 32.90 YTD: -43.89% Here my take on Ayala Land (ALI):  The worst might be over for property stocks, so maybe the 30 range might a hold for a bit. Expect a down period during the ghost month, if it is really worse it might plunge to 24. But this is already a good buy at the price. Again, bank on the stability of the Ayala company and...

Here's a classic pump and dump we have seen last Friday, 26 June on APVI.  APVI was approved by PSE to participate in trading thru Listing by Way of Introduction. It is like IPO but no public offering, the shares can be traded on the trading floor with no ceiling on its first day.  1,700+% up. Opened at 40, with high at 240 and closed at 18.50 Par value is 1peso, 100M shares at 10.10 per share 100k shares by Abacus before closing. May laro but remember the ceiling will be at 27 pesos. Risk > reward. I'll just focus on $DITO instead.  Newbies avoid at all cost. Scalpers, good luck and TAYOR. 

When investing in index or blue chips stocks, here are Merkado PH's few tips:  1. PSEI Chart. Look for the support and resistance. Support is a safe spot when buying index shares, as this tells you the phase where investors are likely to get hold of the price and they deem it as cheap. Resistance tells you whether you need to hold buying or start taking profits.  2. Fair Value - it is what buyers and sellers think about the actual worth of shares/ company as based on its assets, financial report, etc.  3. Earnings Report - tells you if the company is growing or not. 4. News/ Rumors - merging, acquisition, weak earnings, failed projects, etc are issues that can make or break index stocks. Share price normally reacts ahead of rumors and late on good news.  5. World Market - esp. U.S. market.  6. Index stocks are slow-moving, hence you need extreme patience when investing. The name of game is accumulating huge volume by buying regularly. Make sure to plan your buyi...