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August 23-27,2010...... The market was up the entire week last week. It closed the week at 3593.
This week the market is expected to correct for a few days before resuming its upward movement towards the 3700 level. technical indicators remain positive.
Go Back
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August 23-27,2010...... The market was up the entire week last week. It closed the week at 3593.
This week the market is expected to correct for a few days before resuming its upward movement towards the 3700 level. technical indicators remain positive.
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Business Worlds'
Stock Picks of the Week
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PSE Video
Making It Work For You
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Short video about the
stock market.
Produced by PSE
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Weekly Outlook for Investments and Business
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September 6, 2010
UP MARKET
Technical indicators are positive and momentum is high and strong indicating that the index will likely to have a continuation this week. Oscillator, however, is flashing overbought at 73.81 RSI. Thus, some investors are expected to also lighten their positions to profit take.
The main index might vacillate between 3620 to 3790 points.
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