Figure 1: PSE Price Chart.
I don't like the current market behavior for the the past week. We may be forming the start of a deeper market correction possible around 3700 if the psychological support at 4000 won't hold. Good thing is momentum downward on the last three trading days seems to be weakening. When buying for stocks this coming week choose only those who are showing some good relative strength when compared to the overall market.
sir what can you say about the upmove of our market today? do you think the correction is over?
ReplyDelete