Chart courtesy of Chartnexus.com
+ When many Philippines Public are buying or had bought into the stock for investment or bought into Philippines stocks and equities market, it can only go bearish and go down from here. Majority do not feel that Philippines is bearish.
+ When everyone wants to get out and no one wants to buy, the selling pressure will worsen.
+ This is one of the few stocks trying to hold PSEi currently; however, together with PSEi judged to be bearish, it cannot hold for long.
+ SM Investments, based on the technical price structure, is struggling a last breathe before it breaks down.
Side Note (F.A):
SM Investment Corp's absorption of SM Land will not do well for the company. Worldwide property markets, as analysed, will turn sour in 2014. This is a pull-down for SM Investment Corp's fundamentals. In addition, some of its assets will be marked down too. Deteriorating market conditions will also reduce its business margins.
2. Break down 605 Peso comprehensively.
for the high downside with substantial loss for those with buys/longs/investment portfolio?