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Tuesday, May 29, 2007

APC, BPC & CMP: Flag

Hello. It's been a long time since my last post. Just been busy with work. Anyway, I'm back and expect postings from me.

This week I saw three Stocks that has formed a Flag - APC, BPC & CMP

APC coming from a strong uptrend. It's a good buy @ .99 last Friday (May 25, 2007) This week it broke the 1 peso. If it continues to go up, target price is @ 1.24. Hey, look at the volume!

Look at BPC go, it gradually moved up. Now, it's forming a flag around the 4.5-4.75. If it breaks the 4.75 it will continue up to the target price @ 5.50.

CMP has been consolidating for the past months. It has already broken out and strongly going up. Good buy @ 3.75 and target price is @ 5.00. Wow! That's 25%.