5.27.12 Index, index stocks, LC, PAX

Napasilip lang…
1st Quarter 2012 Results of selected stocks…




Remember that pennants are continuation patterns. A breakdown on that pennant will send our index to 4,600.


Let’s check the index stocks if they will agree on general index’ pattern.


MPI – another bearish pennant


ALI – bearish FLAG


GLO – need to break the descending resistance




MEG – make or break at 1.90


RLC – potential head and shoulder




JFC – need to break that descending resistance line











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