FLI: BREAKING DOWN 'Hammer'

BREAKING DOWN 'Hammer'

A hammer occurs after a security has been declining, possibly suggesting the market is attempting to determine a bottom. The signal does not mean bullish investors have taken full control of a security, it simply indicates that the bulls are strengthening.

Source: investopedia

Will they bounce tomorrow?

I have written FIBOs/GAPs of ALI, FPH and AGI in my previous posts. Incidentally today, they closed within those figures.

ALI's

• Day Range 27.20 - 28.65 
• Gap closed (see previous post )

FPH

• closes at 50.8 within Fibo (61.8%): 49-51
• RSI 14!

AGI

• closes at 12.7 (Fibo 61.8%)
• RSI 19

ALI

gap 27.2-27.8

FGEN

FGEN closes at 18.5 below the 50% FIBO

FIBO of some stocks from low in 2009-2010

38. 2%
Index:            5700
ALI:               27.5
MEG:             3.25
SMPH:           16
BDO:              86.75
GTCAP:          1226 (since 2014)

FGEN:            19.26 (50%), 16.3 (61.8%)
TEL(2003):    1860(50%), 1465(61.8%)
DNL:              6.88(50%), 5.75 (61.8%)
AGI:               12.7 (61.8%)

VUL is back to One Pesos

As predicted here before, VUL is back at one. It even dipped to 0.99/share yesterday. NBS backdoor is still uncertain as per businessworld report last december 29, 2015.

Howerever remember that in August 2014, National Book Store subscribed to 850 million Vulcan shares at P1 apiece. So if the holders are "lugi," the Ramos family is more "lugi." I guess that's hope for the holders?

FPH

5 year low at 49.05 (12/12/2013)

Fibo (61.8%): 49-51