FLI

Filinvest Land


- Dropped two cents today with bigger volume after encountering resistance at 0.42.
- Might retest its higher low at 0.36 or close the gap at 0.38.
- 20-day MA (red line) and 50-day MA (blue line) will be area to watch.
- Buyers may wait and buy the dips near the moving averages for a low-risk trade.
- Support stop will be 0.36.

EDC

Energy Development Corp.


- Rallying sharply on a steep angle with higher low at 3.70.
- MACD is at its all-time high. (overbought)
- Support stop is raised at today's low at 4.10.
- Hold or take some profit on signs of reversal/weakening rally.

MWC

Manila Water Company


- Consolidating sideways inside a symmetrical triangle with support zone at 10.25 to 10.75 and resistance zone at 11.50 to 12.00.
- Use the trading range; buying at support and selling at resistance.

BRN

A Brown Company


- Consolidating within a broadening formation, with support zone at 2.40-2.50 and resistance zone at 2.75-2.80.
- Broke its last 2-day highs (2.55/2.60), which will signal a buy on 2.65.
- Bigger volume today.
- Oscillators hooking up.
- Next resistance would be its 50-day MA (blue line) and 100-day MA (green line).

PAX

Paxys, Inc.


- Established a peak at 1.00, but closed at its lows with a bearish engulfing pattern
- Support stop placed at 0.80
- Fibonacci retracements will now act as support: 0.78 (38%), 0.72 (50%), 0.65 (62%)
- Take profits and wait to buy on pullback, preferably near its 20-day MA (red line)

EEI

EEI Corporation


- Trading in a box pattern with a range between 1.14 to 1.30.
- Wait to buy on pullback, preferably near its 20-day MA (red line) and 50-day MA (blue line).

Support:
0.70 (lowest low)
0.83 (higher low)
0.96 (breakout)
1.14 (higher low)

Resistance:
1.30 (high)
1.50 (200-day EMA)