Bullish formation. Globe Telecom stock 🧐
• Potential to reach ₱5,000 per share.
• Last year, the stock was down by 50% from its previous all-time high.
• There’s a possibility of recovery this year, potentially reaching ₱3,400, followed by consolidation.
• A cup-and-handle formation could form, setting the stage for a target of ₱5,000 by 2026.
The Friday range is important. Breakout from the Friday range may lead to possible good entries as we buy and hold.
So check the range this Friday and next week see if it is worth buying the breakout or just holding if it holds and goes lower.
The beauty of stocks is you move the price. So you can trigger a confirmation. But so too can everyone else.
So note the order book.
$MER Bid for contract on LNG results coming soonOn the fundamental side of the business. With the results of MER's bid for the Singapore LNG coming out soon, this will result in additional revenue and earnings for the company.
On the TA side.
stock price may experience a quick upmove, but will eventually revert back, as it needs more time to digest the big upmove from july to Oct.
May need to consolidate for 4 months more.
Spc breaks 50 ema daily 2 x in a rowThere is buying pressure on this fair value at a discount great company.
As electricity will always be in a demand. There is good opportunity in investing in this one in the Long term.
Note I have significant stake in spc which is why I may be biased. So keep that in mind.
However. + revenue + net should keep you glued on it and the consistent dividend it so shares generously.
The beauty of fair value spcRecent financial is net positive and because people are taking profit; we who hold on for dear life can peso cost average.
Thank you. Looks like spc as a company keeps getting better.
Recently having visited Tesla in Bgc I have the suspicion that if more Tesla shows up; more electricity will be of use and because of that; more people will take advantage of spc.
Trade Idea | URC | Universal Robina CorporationThis is the stock I've been accumulating since it tested the 89 level. You can read my blog post here. This will be our long term PH stock position.
To reiterate what I've written from my blog post :
"Technically, my price target is 150.00. If for some reason, this play won’t work out, I will be out once I’m down by 7% here, remember that.
I’ve seen some brokers/ analysts cutting their price target to 132.00 reflecting their concern about the future growth of the sugar business and I think I don’t care. What really matters here for me is the bottom line figure of this stock.
Revenue is growing year over year. This year, the annual forecast is at around 161.98B and I think there’s a chance they’ll beat this plus they’re payout ratio is increasing."
So for those who are long on this stock, stay strong bulls.
Finally gaining momentum upPeople are seeing a glimpse of this beautiful company who's fundamentals has always been strong and worth atleast 10x the current price. Hence we are very much at a discount for something great.
Rsi is above 50% means people and institutions are buying.
More so will this be important as time passes. We the buy and hold club has more reason not to sell and hold for a long time.
Liquidity has been swept.As spc continues to be stable. And there is continues need for electricity. This is bound to go higher atleast 10X.
The weird movement of money buying trillions of $ of foreign exchange where dollar went up so high. All we can really do is spme people took profit by selling spc.
Now we wait and buy. Hold and buy.






















