Bloom: Back to 15.60? | Marvin Germo

Bloom: Back to 15.60?

By: Marvin Germo | November 25, 2014

After the private placement at 13 pesos per share, which caused Bloom’s hot surge to stop for about 3 weeks.   Now Bloom is picking up again more than ever.  Fueled by its promise of greater earnings an expansion, looks like Bloom is headed back up again and trying to challenge and go back to a level where it was before!

Bloom Nov 26 2014

Looking at the chart above, we can see that Bloom has broken out of the 13.90 selling range.  Because of that, we now need to watchout for 14.30, because if Bloom breaks out of that and moves higher we can possibly see the stock go up and it could possibly challenge 15.60 again!

This just shows that you can’t put an earning stock down!  Don’t just take my word for it, study and based your trade from your own analysis.  The greater you study, the greater your conviction for your trades.  The greater the conviction, the greater the earnings!  It’s for more Filipinos to be financially free!  I dream od a day we could see 10 Million Filipinos investing in the stock market!

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*charts via chart nexus
*Pictures google search