In Order of Appearance:
I can't seem to upload pictures, but some of these stocks have already reached their downtrend "peak" or their lower highs. There is a likelihood that these stocks will go down tomorrow. Hope people were able to day-trade or short-term trade these stocks.
1. Belle Corporation - barely reaching peak (P4.90 for me); closed at 4.87 today.
2. First Gen Corporation - reached peak at 14.10
3. Megaworld Corporation - closed at 2.03 and made a hanging man pattern
4. Jollibee Foods Corporation - possibly reached peak at P85 (might still go up tomorrow, but be cautious)
5. Robinsons Land Corporation - reached peak at P12
*Note, the Philippine Stock Index has also reached a potential downtrend peak.
These are only a few stocks. There are more that show the same pattern, but have not yet peaked on their downtrend. Will upload images as soon as blogspot server is fixed.
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