Yesterday, I already gave the hint on my post that PSEi & Dow were ready for possible breakout. PSEi breached the 4,400 level this morning while Dow is now flying with 250 pts of gain (as of posting). I suggest that you revisit my last post prior to this and have a review on PSEi & Dow’s charts. (click here)
With PSEi set to challenge the all time high level. Blues and index stocks will probably tank the market to reach that level. 2nd liners are expected to follow.
I think I don’t need to post charts today as most of the securities will rally tomorrow.
Don’t be too “barat” or you will be left on the train station.
LC chart is everywhere. haha!
I strongly recommend that you read facelesstrader’s analysis on LC.
Here’s the summary of some gainers for today: