Market Analysis - Philippines, Bitcoin and Hive (As of May 2, 2025) -- PSEi looking good!

Philippine Market

PSEi

Happy to see that the PSEI levels have broken out the kumo. 2 weeks ago in my last post, market was still in consolidation mode. My Equity Value Fund is now back in the green! Will be riding this wave. Question would be, which other stocks should I look into?

Metrobank

Thanks to my broker for sharing their fundamental updates on some stocks. My MBT has finally broken out as well. Bought these last February when the market was going down.

Watchlists

AEV - may consider buying back around 32.48 (kumo support)

Hive - Still Attempting to break out of 200 SMA

Still unsure whether it's good to stock up on hive given the huge resistance for now. Just holding whatever I have.

Bitcoin -- Broke out of the Kumo

It was a great buy for me 2 weeks ago.

This is not financial advise. I use this as my trading journal/notes for ongoing reference for the succeeding week. The above technical analysis (charts) are just used for guidance while studying market behavior and trying my hand on market timing. Please Do Your Own Research (DYOR).

- Stock Charts from Investagrams