Wednesday, July 23, 2014

July 23 Trading



Posted : a Buy on VLL @5.93 / Success !
Target :  6.40-6.50 in short/mid term.

***Today Closing Price : Php5.95*** Net Foreign Buy = Php 30.8M  *** ♥♥♥Looking Good !

Technical Reason : 1.) From an oversold position a few days ago, the RSI is rising with volume(30M);  2.) From net seller, Foreign buying last 2 day with a net buy worth 68.4M on yesterday trading, 3.)MACD converging, a signal that price will be posing for an uptrend?! Hoping...

Fundamental Reason : 1.)  P/E ratio = only 8.3 base on yesterday price of 5.92/sh. (COL)
                                      2.) FV (COL) = Php6.83
*** Caveat !!!


VLL Chart




***Happy Trading !

*****************************
MARKET SUMMARY :
*****************************


☺☺Market Up by 22.98 pts.( 0.34%)

BLOCK SALE VOLUME:   14,362,015
BLOCK SALE VALUE    : 243,214,230.31

FOREIGN BUYING  : Php 3,458,321,030.35
FOREIGN SELLING : Php 3,849,557,353.33
NET FOREIGN BUYING/(SELLING): Php (391,236,322.98)
TOTAL FOREIGN: Php 7,307,878,383.68

                                  






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