PSEi monitored stocks update 1/07/09

JG Summit (PSE: JGS) – broke out from psycho resistance at 2-peso/share to close at peso:2.10/share (a 13% gain from yesterday’s close). chart indicates the key levet at 4+ is possible but still is a drolling target. Energy Development CorpĀ  (PSE: EDC) – it made a historical low of 1.82 pesos per share. previous “chart-polation” computation peg a 1.78 pesos/share

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