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Tuesday, December 2, 2014

PETRON CORPORATION


SECURITY IN FOCUS : PCOR

52 week High: 14.46
52 week Low : 10.70

Current Price (12.1.14) : 10.72
RSI = 23.06
Net Foreign buy(12.1.14) = 5.26M

PCOR Chart 12.1.14 - TnT

 With the continued plunge of world oil prices and the recent Supreme court decision ordering the relocation of Pandacan Oil Depot, PCOR price nosedive from 11.72 to 10.72, almost a 9% decline in just a week time.

But the interesting fact that I notice is Net Foreign buyers are accumulating PCOR shares this week to the tune of 20.65M worth of shares instead of disposing them.

CAVEAT !
HAPPY TRADING !!!


















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