$PHES and others

 $PSEi - First pull back, after three consecutive days of making green candlesticks.

$PHES - COL now has become a big net buyer buying 24.5 million shares @ 0.53 after being a net seller for five consecutive trading days. Buyers and sellers of this stock are very weak since 23 March, but it has a sudden and unexpected turn today. See what an SRO disclosure can do!

"Despite the negative economic effects of the pandemic, there will be continued demand for housing as the vaccine rollout is made. Hence, Philippine Estates Corporation aims to expand its inventory of projects through the acquisition of land in selected areas where economic growth is expected to show resiliency (i.e. Bulacan and Cavite). In this regard, the board of PHES has approved to undertake a Stock Rights Offering ("SRO") to raise capital for land acquisition." Source: PSE Edge

Only Goldstar is the solid buyer purchasing 3.8 million shares @ 0.54. Both Triton and HDI are net sellers selling 7.3 million shares @ 0.55 and 4.2 million shares @ 0.55 respectively. 

The stock opened @ 0.50 but ended exactly at the low @ 0.4750 after climbing up to 0.60, a typical "pump and dump." 

If you want to enter this stock, you have three options: (1) Wait @ 61.8% Fibo = 0.4650, (2) Wait @ 78.6% Fibo = 0.43, and (3) Wait @ Support 1 = 0.3950. 

$FRUIT - This one really looks good and very promising. The price now is at MA 200 with a volume of 9.06 million higher than the previous trade. All four indicators seem to point at the continuation of a long-term uptrend. 

$RCI - This stock looks very silent. The price is tight and the volume is drying up, 962 thousand lower than the previous trade.