clair097

Ayala Land, Inc. ALI technically completed the Bearish Gartley harmonic pattern and fully tested the PRZ (Potential Reversal Zone ) around 39.56~40.95. See previous analysis of this harmonic pattern for reference: https://psetrends.blogspot.com/2017/05/ali-price-action-update.html Trading Plan - As noted in the previous analysis, completing the harmonic pattern is a potential profit taking opportunity. Scale down position or take some profit and profit run the rest of the position using trailing-stop.

Megaworld Corporation MEG has recently hit the measured TP from a bullish Pennant pattern breakout at 4.75. See previous analysis for reference on recent breakout pattern: https://psetrends.blogspot.com/2017/04/meg-breakout-update.html Trading Plan - Take some profit or scale down position. - Profit run the rest of the position.

Vista Land & Lifescapes, Inc. VLL has retested the upper end of the projected price target from a Downward Price Channel breakout at 5.50 (projected TP range = 5.40~5.50). *Immediate resistance zone is also around 5.40~5.50. See previous analysis for reference: https://psetrends.blogspot.com/2017/04/vll-price-action-analysis.html Trading Plan - Take some profit or scale down position. - Profit run the rest of the position with trailing-stop.

PHINMA Energy Corporation PHEN continues to form a Bullish Shark harmonic pattern and potentially completed the first significant retracement of the pattern at 88.60% (the first PRZ or Potential Reversal Zone). Downside risk remains towards 113% retracement, its second PRZ. See previous analysis on this harmonic pattern for more details: https://psetrends.blogspot.com/2017/02/phen-on-potential-shark-harmonic-pattern.html Trading Plan - Trade this setup once the harmonic pattern has been completed. - Observe for reversal patterns around the two PRZ areas for potential trading opportunity.

Petron Corporation PCOR is on breakout continuation after breaking the 11-month downtrend line. Projected target price from this breakout is around 11.80. See previous analysis for details on prior breakouts: https://psetrends.blogspot.com/2017/05/pcor-price-action-update.html

Alliance Global Group, Inc. After filling the gap around 14.76~14.98, it resumes the breakout from a Bullish Flag pattern with measured price target around 16.60~17.20. It also recently hit the lower base of the price target from Triple Bottom breakout around 15.30~15.60 range. See previous analysis for more details on the above mentioned breakouts: https://psetrends.blogspot.com/2017/05/agi-on-another-breakout.html Trading Plan - See previous analysis for appropriate trading plan. - If trading the Triple Bottom breakout, take some profit or scale down position and profit run the rest of the position with trailing-stop.

East West Banking Corporation EW hit last week the initial target from a Bullish Pennant pattern breakout around 26 (breakout measured TP = 26 ~ 26.85). See previous analysis for more details on Bullish Pennant pattern breakout: https://psetrends.blogspot.ae/2017/05/ew-on-potential-breakout.html Trading Plan - Take some profit or scale down position. - Profit run the rest of the position with trailing-stop.