Here are the updates for our short term plays in the PSE today.
BDO dropped by -0.68% last Friday to close at P147.
Here is our trading plan for BDO today. If you have BDO shares, just hold and wait for the price to rally. If the price rallies, start selling in tranches if the net profit is already at least +2%.
Else, if the price will drop, buy more in tranches all the way down to P136.
MONDE’s price barely moved last Friday rising by only +0.19% to close at P10.58.
MONDE showed some resiliency in the last two trading days as shown in the long lower wicks.
Here is our trading plan for MONDE. If you have MONDE, just hold and wait for the price to rally soon. If the price will rally and the net profit is already at least +2%, start selling in tranches.
Else, if the price drops, buy more in tranches all the way down to P10.10. Buy more in tranches to lower average cost and increase potential upside.
URC’s price went up by +1.60% last Friday bouncing back up after the -3.91% drop last Thursday.
Here is our trading plan for URC. Hold and just wait for the price to rally. If the price will rally, start selling in tranches if net profit is already at least +2% gain.
Else, buy more in tranches all the way down to P90.