SMPH -will it break out soon?

SMPH Chart as of 8-22-14 Chart courtesy of COL Financial What does the chart say? Price is very near if not at the resistance level.  We see a hanging man candlestick,usually it's a reversal sign especially on uptrend mode. Indicators: Resistance -approx. 16.66 Support 1-  16.00...

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Do you know that only 2% of Filipinos are financially independent by the age of retirement?

Why do you need to plan for  your retirement? Based on survey only 2% are financially independent by retirement age, so what happens to the 98%? Looking at the table above, 45% depend on their relatives, 30% rely on charity and 22% continue to work. Please do not join the 98%...

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PCOR Chart as of 8-22-14

PCOR suffered a big decline from 12.70 to 11.62, down by 8.50%. Currently the price is located the at support. If you are already itching to buy this stock, you can buy near the support, as long as this support (11.60) holds and sell if it breaks. If not let's wait for a clear reversal before we...

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AP breaks of out consolidation!

Chart by COL Financial as of 8-20-14 2 year chart Looks a like cup with and handle in the making or another rounding bottom in the making? After breaking out from the 38.00 pesos resistance, there was a gap up  the following day with a gain of 1.3% and the price closing at 39.00. Next resistance...

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PGOLD downtrend finally slowing down! chart as of 8-19-14

Everybody seems to be talking about PGOLD.  Yesterday, we thought that it will already bounce from downtrend. The price went as high as 35.30 only but went down further to 34.20. After 4 days of decline, price went down by approximately 18.10% or approximately 7.56 pesos from its previous...

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MERALCO (MER) Chart as of 8-18-14

MER - looks like forming a new price range above 270.00. Price "closed"today at 272.00 up by 1.49%. What does the chart say? Price breaks the 270.00 resistance - triggers BUY signal. Price also breaks above the 200 Simple Moving Average - BUY signal SMA 20 Line crosses the SMA 50 Line and...

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Insurance and retirement plan rolled in to one!

Hi Finance Maverick, I am 30 years old, male, I want to protect my family just in case something happens to me. I  also want to build a retirement fund for myself. I want to have with life insurance with 2.0 million coverage and at the same I want to accumulate 5 million pesos for my retirement...

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RRHI as of 8-11-14

RRHI  is moving sideways after breaking  its  upward trend line. We see buying point near 67.00 and selling point near 73.00. Let’s see if this will happen. Chart by COL Financial Support – 64.75 RESISTANCE – 73.06 RSI at 40.00 MACD - both lines still below 0 Sell...

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CIC one of the best performing stocks of the year!

CIC is one of the best performing stocks of the year. If you bought this stock on the first trading day of January at 24.95 and still holding this up to now, your gain now should be around 110% at closing price last price last Friday at 52.50. First half earning is up by 346Million or...

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MWC chart as of 8-7-14

MWC finally broke out of the 27.00 psychological resistance.  Let’s see  if it can sustain the uptrend in the next few days. In order for that to happen it should not break  the 27.00 support. Looks like it formed a cup with handle pattern.   Chart By COL Financial  Are...

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PSE Index as of 8-6-14

PSE i is having a hard time breaking out the 7000 resistance. It tried last July 7 and Aug 4 but failed to break out. Index needs break out 7000  points in order to go a higher range. Right now range is 6800- 7000. Good entry is near 6800 and selling point at 7000 at the moment. Resistance-...

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How do I plan for my child's education?

Dear Finance Maverick: I want to send my son to one of the top universities in the future. He is currently 7 years old and as early as now, I want to be able to prepare for it.  Based on my inquiry, the current tuition of my desired university for him is around PHP 80,000.00 per semester....

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Do Single People Need Life Insurance?

Question: I am 27 years old, male, single but supporting my parents, do I need a life insurance? Scenario # 1 Life insurance is an income continuation in case of untimely death.  Just think what will happen to your dependents just in case something happens to you. Let’s assume that you are giving your parents PHP 10,000 a month, that’s PHP 120,000.00 per annum. If you were insured by...

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