Philippine Index remained below 7000 today. Showed strength in the opening and gave all of it back late afternoon. Not good.
Two stocks caught my attention today.
$FNI: Will be interesting at breakout.
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| charts by www.bigcharts.marketwatch.com |
$NIKL: Good volume, watch for breakout.
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| charts by www.bigcharts.marketwatch.com |
Will nickel stocks shine the next few days?
Remarks: Few position at $MCP, support at P4.00.
Overall market condition is not so good, no additional position should be entered.
Watchlst: FNI,STI,NIKL,BLOOM,MCP
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