Sunday, 1 July 2007

PSE Stock Picks for July 2

Once again, we feature our weekly fearless forecast. For this week, we feature PLTL & RLC.

PLTL has consolidated in a symmetrical triangle for 5 months. My resistance currently is 7.10. If this breaks out, my target for PLTL would be 8.50.

Next up, is RLC.

It's rare that I monitor a Gokongwei stock. But this one seems to good to pass up. The triangle base is quite wide. My resistance is at 21.75. The target here is 29.00.

Ladies & gentlemen, these are not sure shots but they could be worth it when they break out.

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