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Monday, September 15, 2008

STOCKWATCH Sept. 15-19

ABS-CBN BROADCASTING CORPORATIONABS is showing a head and shoulder formation, so watch out for it to break out with volume. Target Price is 22.00.

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SM PRIME HOLDINGS, INC.
SMPH has try to break out (several times) from an ascending triangle. Will it finally succeeds this week? Let's wait and see...

2 comments:

Anonymous said...

yes, yes, yo!
SMPH finally broke out last Sept. 25 and closed @ 8.90!

Anonymous said...

ABS is still in the process of forming the second shoulder. Is it the right time to comes in or wait till the financial turmoil in the US calm down?

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