Chart Request: Metrobank (MBT) and Ayala Land (ALI)

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 the yearly dividends that come along with this stock. 

52wk high: 53.85

52 wk low: 19.44

YTD: -25.27%

Stay safe, stay home and trade!