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*For more details,visit: https://www.colfinancial.com/ As of April 27, 2017 Previous Update: https://psetrends.blogspot.com/2017/04/stocks-with-buy-rating-at-col-financial.html

Bloomberry Resorts Corporation BLOOM is trading in an Upward Price Channel and currently on the third retest of the uptrend resistance line. It's also potentially forming a Bearish AB=CD harmonic pattern with PRZ or Potential Reversal Zone at 9.71 (9.58~9.71). See previous BLOOM analysis for reference: https://psetrends.blogspot.com/search/label/BLOOM Trading Plan - Take some profit or scale down position and profit run the rest with trailing-stop. - Or wait for a reversal pattern and confirmation before taking action.

Alliance Global Group, Inc. AGI is testing the immediate resistance area now at 14.80~15.00. The prior Double Bottom  breakout price target remains at 15.30~15.60 range. See previous series of AGI analysis for more details on this Double Bottom pattern and appropriate trading plan: https://psetrends.blogspot.com/search/label/AGI

Metro Pacific Investments Corporation MPI is on another breakout attempt from a Bull Flag pattern after it failed to break the immediate resistance yesterday. Projected target price of this breakout is around 7.00~7.15 area. See previous analysis if trading the prior Bullish Bat harmonic pattern and trading plan for this potential Bull Flag pattern breakout: https://psetrends.blogspot.com/2017/04/mpi-hit-another-retracement-target-and.html

Cebu Air, Inc. After the recent breakout from a Double Bottom pattern , it's now near its breakout projected target price around 110. See previous analysis: https://psetrends.blogspot.com/2017/04/ceb-price-action-analysis.html Trading Plan - Scale down position or take some profit as it hits the target (technically hit already). - Profit run the rest of the position with trailing stop.

Philippines Stock Exchange PSEi Index PSEi kissed today the based of the resistance zone around 7720~7780 and hit the projected target price of the recent  Rectangle Consolidation pattern breakout at 7680. Another breakout from a Bull Flag pattern continues to unfold with a projected target price around 8300. *Gap between 7456~7476 is a potential area to be filled in the future which may also act as immediate support. *Major support around 7400 (7100~7400 zone).

Metro Pacific Investments Corporation After the recent reversal from a Bullish Bat harmonic pattern, MPI hit the second key retracement target around 6.62 (61.8%). This is a potential profit taking area for those trading the harmonic pattern. On the other hand, MPI is also on a potential breakout from a Bull Flag pattern with a projected target price around 7.00~7.15 area. See previous analysis of the Bullish Bat harmonic pattern here: https://psetrends.blogspot.com/2017/03/mpi-bullish-harmonic-pattern-update.html Trading Plan - If previously trading the Bullish Bat harmonic pattern reversal, take some profit or scale down position. Profit run the rest of the position with a trailing-stop. - Buy the Flag pattern breakout with appropriate stop-loss in case it doesn't pan out as expected.

Megaworld Corporation MEG is on a breakout continuation today from a Pennant pattern after it broke the immediate resistance at 4.11. The projected target price of this breakout is around 4.75. *Kissed today the next resistance at 4.19. *Potential major resistance zone around 4.40~4.50. See previous analysis of this Pennant pattern breakout including recommended trading plan: https://psetrends.blogspot.com/2017/04/meg-on-another-potential-breakout.html

Vista Land & Lifescapes, Inc. VLL recently broke out from a Downward Price Channel consolidation, considered a bullish pattern on breakout. The projected target price of this breakout is around 5.40~5.50. *Immediate resistance around 5.34.

Cebu Air, Inc. CEB bottomed out last March and formed up a Double Bottom pattern as it hits the major support area around 90. Recently, it broke out from the Double Bottom pattern with a rally that goes through its 100 resistance level. The projected target price of this breakout is near 110.

*For stocks listed in the Philippine Stock Exchange *Updated: April 21, 2017 Source: MarketWatch/WSJ Previous update: https://psetrends.blogspot.com/2017/04/stocks-with-buy-consensus-forecast.html

Megaworld Corporation MEG is on a potential breakout again after a full retracement from Bullish Gartley harmonic pattern reversal. This time, its a potential breakout from a Pennant pattern, considered a trend continuation pattern with projected target price around 4.75. *An immediate breakout from the resistance at 4.11 should provide the confirmation. Trading Plan - Buy the breakout with a tight stop-loss in case the setup doesn't pan out as expected.

Alliance Global Group, Inc. AGI hit the base of the immediate resistance area at 14.80~15.00. Prior breakout from major resistance still have a measured price target at 15.30~15.60 range. See previous analysis for more details: https://psetrends.blogspot.com/search/label/AGI

PLDT Inc. TEL is on a potential breakdown from its short term trendline with a gap after a failure to break the resistance around 1770. *Potential catalyst of the breakdown was the issue of labor standard violation and foreign ownership. Trading Plan - Execute trailing-stop if hit. - Scale down or sell.

LMG Chemicals Corporation LMG on a potential breakout from sideways consolidation (measured breakout TP=6.35).

Pilipinas Shell Petroleum Corporation SHLPH is on a breakdown from major support. It's also on a breakdown from a Descending Triangle  consolidation, a potential trend continuation pattern with a measured price target around 68. *Immediate support area around 69~70. See previous analysis for prior information on this major support and chart pattern including possible trading plan: https://psetrends.blogspot.com/2017/04/shlph-at-major-support.html

GT Capital Holdings, Inc. This is just an update on the previous GTCAP price action analysis. GTCAP fails to break the 8-month downtrend line and correction followed after a bearish Hanging Man candlestick pattern confirmation See previous analysis: https://psetrends.blogspot.com/2017/04/gtcap-price-action-analysis.html

Alliance Global Group, Inc. AGI is on a breakout continuation after filling the gap at 13.90~13.96 which also serves as its major resistance area. The measured price target of this breakout is at 15.30~15.60 range. *Immediate resistance area is around 14.80~15.00. It's already up +17% on position play (see link below for more details on this trade recommendation): https://psetrends.blogspot.com/2017/03/agi-on-range-bound-price-action.html See previous analysis: https://psetrends.blogspot.com/2017/04/agi-on-breakout.html

GTCAP price action analysis https://psetrends.blogspot.com/2017/04/gtcap-price-action-analysis.html SHLPH at major support https://psetrends.blogspot.com/2017/04/shlph-at-major-support.html AGI on a breakout https://psetrends.blogspot.com/2017/04/agi-on-breakout.html FGEN on Range-Bound price action https://psetrends.blogspot.com/2017/04/fgen-on-range-bound-price-action.html TUGS on a Range-Bound price action https://psetrends.blogspot.com/2017/04/tugs-on-range-bound-price-action.html PGOLD on potential breakdown https://psetrends.blogspot.com/2017/04/pgold-on-potential-breakdown.html

GT Capital Holdings, Inc. GTCAP's recent sharp rebound from major support at 1120 after forming a Double Bottom pattern brought it back to its 8-Month Downtrend Line, its immediate resistance area (1275 is also another resistance level). Trading Plan - Scale down or take some profit if trading short term, and profit run the rest of the position with trailing-stop (or wait for confirmation if it fails to break the downtrend line before taking any profit taking action). - Also a potential buy on breakout from its 8-month downtrend line (an immediate breakout will have a measured target near 1400)

Pilipinas Shell Petroleum Corporation SHLPH is back at major support area after failure to break the 2-month old downtrend resistance line. It's also potentially forming a Descending Triangle pattern, a bearish bias pattern that will likely become a trend continuation pattern on breakdown. However, a Bullish Divergence pattern shaping up on some indicators can be a potential sign of an impending trend reversal or consolidation to unfold. Trading Plan - Avoid for now. Monitor if major support holds up and how the Descending Triangle pattern unfolds. - Trade if there's a breakout from its downtrend resistance line. - If taking a higher risk trade, buy the support and set appropriate stop.

Alliance Global Group, Inc. AGI finally filled the gap at 13.90~13.96 after the recent breakout from its major resistance area around 13.90~14.00. The measured price target of this breakout is at 15.30~15.60 range. *Immediate resistance area is around 14.80~15.00. Please see previous AGI analysis if you entered a position trade when it was consolidating in a Range-Bound price action. That position should be up around 11% ~ 14% by now: https://psetrends.blogspot.com/2017/03/agi-on-range-bound-price-action.html

First Gen Corporation FGEN is on a Range-Bound price action with immediate resistance around 23 and immediate support around 20.90. Trading Plan - Trade the range: Buy near or around support. Set stop-loss a few points from support breakdown and ideally, maintain at least 1:2 risk/reward ratio (around 19.85~20 zone). Initial TP = 23

Harbor Star Shipping Services, Inc. TUGS is on a Range-Bound price action after the recent breakdown from its Upward Price Channel and a breakdown from a Head-and-Shoulder Top pattern. *Immediate resistance is around 3.60. *Immediate support area is around 3.15~3.24. The measured breakdown target near 3.0 from a Head-and-Shoulder Top pattern was also hit after the recent dip to 3.01. See previous analysis on Head-and-Shoulder Top pattern breakdown for more details: https://psetrends.blogspot.com/2017/03/tugs-on-immediate-trend-breakdown.html Trading Plan - Range trade the price action with appropriate target and stop-loss.

USD/JPY pair is potentially forming a Bullish Bat harmonic pattern on the daily chart. After 3 weeks of monitoring, it finally broke the key support (B leg) that gives it higher probability of completing the pattern.

Puregold Price Club, Inc. PGOLD is on a potential breakdown from a Descending Triangle pattern consolidation with a measured price target around 39. *Immediate support area around 41.55. As previously noted, a Descending Triangle is a bearish bias chart pattern. See previous analysis for more details: https://psetrends.blogspot.com/2017/04/pgold-descending-triangle-consolidation.html Trading Plan - Avoid for now

" COLing the Shots " is a monthly publication by COL which provides insights on investments opportunities based on global and local developments that could affect the market. See https://www.colfinancial.com for the detailed report. Fund Tracker Update - 2nd Month (Date Started - Feb 5, 2017) There are 4 stocks below BBP:  - $FGEN < 28.00 - $MEG < 4.10 - $MER < 290.40 Top Gainer/Loser: *Top gainer - $SCC ( +13.36% ) *Top loser - $FGEN ( -5.49% ) - remains the top loser for two months Net portfolio Gain/Loss:  *Up by +3.2255%  Total portfolio Gain/Loss (including cash):  *Up +1.78%  See details here: https://psetrends.blogspot.com/p/portfolio-tracker.html

Puregold Price Club, Inc. PGOLD is consolidating into a Descending Triangle pattern (bearish bias) after completing a Bearish 1.27AB=CD harmonic pattern. *Immediate support area is around 42.90~43.35. See previous analysis on the Bearish 1.27AB=CD harmonic pattern: https://psetrends.blogspot.com/2017/02/pgold-looking-toppish.html Trading Plan - Avoid for now until the bearish bias pattern has been invalidated.

*For more details,visit:  https://www.colfinancial.com/ April 10, 2017

Bloomberry Resorts Corporation BLOOM has completed the Bearish AB=CD harmonic pattern after fully testing the PRZ (Potential Reversal Zone) around 8.30 (took a while via upward price channel consolidation). This is also a potential profit taking area for a short term position when trading the harmonic pattern. See previous BLOOM analysis: https://psetrends.blogspot.com/2016/09/bloom-forming-potential-bullish.html Trading Plan - Sell or take profit around the PRZ.

Megaworld Corporation MEG has hit the significant 61.8% retracement target (C-D leg) at 3.71. This is a potential profit taking area for a short term position if trading the Bullish Gartley harmonic pattern. *Immediate resistance around 3.76 See previous analysis on this  Bullish Gartley harmonic pattern: https://psetrends.blogspot.com/2017/04/meg-update-on-harmonic-pattern-and.html Trading Plan - Take profit or scale down position at 61.8% retracement (around 3.71). - Profit run the rest of the position using trailing-stop.

PLDT Inc. TEL bumps the first resistance area at 1680~1700 after the recent breakout from a  Head-and-Shoulder Bottom pattern (breakout target is around 1930). *Next resistance area is around 1770. See previous analysis for details on the breakout and trading plan: https://psetrends.blogspot.com/2017/03/tel-on-breakout.html

Premium Leisure Corp. PLC has recently hit the major resistance at 1.60 after a +25% rally since it rebounded from its 5-month uptrend line last February. The major resistance at 1.60 is also around 20% upside from the previously recommended test buy point. See " PLC trend trading potential " analysis: https://psetrends.blogspot.com/2017/02/plc-trend-trading-potential.html Trading Plan - Scale down position (take profit) near the major resistance area (or wait for the trailing-stop to be hit before closing position).

Megaworld Corporation An Inverted Hammer formed up in the previous trading day right in the middle of the PRZ (Potential Reversal Zone) of a Bullish Gartley harmonic pattern. A confirmation candle also formed up today, a potential trend reversal signal. *A Bullish Divergence pattern on some indicators is also a potential sign of an impending consolidation or trend reversal. See previous analysis: https://psetrends.blogspot.com/2017/03/meg-update-on-potential-harmonic-pattern.html Trading Plan - Trade the Bullish Gartley pattern (buy around the PRZ). - Set a stop-loss on breakdown from 3.3 to minimize downside risk (or set stop-loss on breakdown from 3.21 to take higher risk).

Ayala Land, Inc. ALI's price action after a Head-and-Shoulder Top breakdown is now getting closer to its projected breakdown price target around 32.20~32.60. It also recently broke the immediate support at 33.60. *At extreme oversold territory. Trading Plan - Observe the price action for now as it gets closer to the breakdown target. - Buy the reversal pattern near or around the breakdown target area (ideally with a confirmation before entry). - A potential position trade opportunity if the price drops near or below 31.

*For stocks listed in the Philippine Stock Exchange *Updated: April 1, 2017 Source: MarketWatch/WSJ