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Travellers International Hotel Group, Inc. RWM filled the previous gap at 3.30~3.36 and hit the 2nd retracement target (61.8% retracement) after a reversal from Bullish Butterfly harmonic pattern. See previous analysis of this harmonic pattern: https://psetrends.blogspot.com/2017/06/rwm-harmonic-pattern-update.html Trading Plan - Take some profit and profit run the rest of the position using trailing-stop.

Travellers International Hotel Group, Inc. RWM has potentially completed the Bullish Butterfly harmonic pattern with PRZ around 2.95 (2.88~2.99 range). See previous analysis of this harmonic pattern for more reference: https://psetrends.blogspot.com/2017/06/rwm-potential-harmonic-pattern.html Trading Plan - Test buy or wait for reversal pattern confirmation around the PRZ area. - Set stop-loss a few points from recent swing-low.

PHINMA Energy Corporation PHEN technically completed the Bullish Shark harmonic pattern and fully tested the 2nd PRZ (Potential Reversal Zone) area around 113% retracement. A Bullish Engulfing pattern also formed up around the PRZ area - a potential trend reversal candlestick pattern. See previous analysis of this harmonic pattern here: https://psetrends.blogspot.com/search/label/PHEN Trading Plan - Buy as close to the 113% retracement PRZ area. - Set stop-loss a few points below the recent swing-low. - Potential TPs are the 38.2% and 61.8% retracements.

Bank of the Philippine Islands BPI's recent price action is trading near its immediate resistance area around 107 where it could potentially form a Triple Top pattern. Trading Plan - Avoid for now. - If already in a position, take some profit or scale down position. Profit run the rest of the position with trailing-stop.

SM Prime Holdings, Inc. SMPH is on a breakout continuation from a Cup-and-Handle pattern. The projected target price of this breakout is around 37/38. See previous analysis on this C&H pattern breakout for more details: https://psetrends.blogspot.com/2017/05/smph-on-potential-breakout.html https://psetrends.blogspot.com/2017/05/smph-price-action-analysis.html

Bloomberry Resorts Corporation BLOOM is back within its 8-month Upward Price Channel consolidation and on a potential breakdown from a Double Top pattern (still requires confirmation). If this breakdown continues to unfold, measured target price is around 8.50. *Recent pullback which followed after forming a  Double Top pattern was also forewarned by a Bearish Divergence pattern on some indicators like CCI . See previous analysis for reference: https://psetrends.blogspot.com/2017/04/bloom-price-action-analysis.html Trading Plan - Avoid for now.

*For stocks listed in the Philippine Stock Exchange *Updated: June 2, 2017 Source: Financial Times See previous update for reference: https://psetrends.blogspot.com/2017/05/stocks-with-buy-consensus-forecast.html

Travellers International Hotel Group, Inc. RWM is potentially forming a Bullish Butterfly harmonic pattern with PRZ around 2.95 (2.88~2.99 range). *Gap at 3.30~3.36 - a potential resistance area (may also be potentially filled in the future). Trading Plan - Avoid for now. - Only trade this setup once the harmonic pattern has been completed (ideally with a reversal pattern around the PRZ).

Apex Mining Co., Inc. APX is potentially forming a Bullish Gartley harmonic pattern with PRZ (Potential Reversal Zone) around 1.59 (1.51~1.59 range). Trading Plan - Avoid for now. - Only trade this setup once the harmonic pattern has been completed.