Puzzled with today's market
COAL is more than 35% up last May 20, 2014. Any news regarding this? There was a disclosure in PSE site. Is that the explanation of the price movement?
Aside from COAL, LTG stock performance is also noticeable. I checked the daily graph and its red for several days. Is it good time to buy stocks of LTG now or the price will continue to fall ?
Let's see what will happen tomorrow.
Last May 21, there are no extravagant increase of COAL. It fell down by 3.75%.
LTG also fell by abother 1.91%.
Moreover, the PSE index is down by 1.75%. URC, MBT , SM, SMPH were down bymore than 3% in just one day. Double Dragon is also in red. DD fell down 4.77%.
RSI of LTG is now only 19.15%. Is LTG oversold and good to buy now?
Other observations from several days
BPI travalled far from around 96 to 87.80
EEI tuns to red again.
JFC, After 5 days of solid gains . JFC is down by 2.43%
RSI of SCC slowly creeps down
GLO had one long red candle
MER from 292 to 262
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