Daily Archives: May 10, 2018

Globe Telecom (GLO): Buy Below 1680?

Globe Telecom (GLO) has been moving in a downward pattern since the third quarter of 2015. This puts GLO in a bearish position on a long-term time period. Fortunately for the GLO investors, it seemed to have treated 1475 as a support level. Is GLO “tradable” below 1680 or it’s okay to buy it above 1680?

Vitarich Corporation (VITA): Could Hit 4.55 But Set a Trailing Stop-Loss

I’ve written my analysis of Vitarich Corporation (VITA) last 10 April 2018. I mentioned in that report that VITA’s ascent in price was supported or backed by volume. Resistance is at 4.55 and support is at 3.05. Should you sell at 4.55? How about setting a trailing-stop loss just in case it doesn’t reach 4.55?