Philippine Stock Market Analysis (As of March April 1, 2025) -- End of Ramadan

Philippine Market: Still in Consolidation Phase

As mentioned in last week's post, I was looking into buying the index and I just did. Chart is still within consolidation range (inside the kumo) and my current hope is that the RSI shows a bit of aggressiveness. Few more days before it breaks out of the cloud?

It's a holiday currently here in the Philippines due to Eid'l Fitr (signifies the Closing of Ramadan) as the country recognizes the cultural and spiritual significance of this event. I would like to extend my greetings to the Muslim community: Eid Mubarak!

I took Monday off to have a long weekend for some rest. Just doing nothing. :P There'll be 3 more holidays this April (Day of Valor - 9th; Holy Thursday/Friday - 17/18th).

US Market

Meanwhile in the US Market, we now see it break the 200 Moving Day Average for the first time since November 2023. There is an ongoing global tariff war initiated by the Trump administration. This may be in line with it's due market correction.

Hive

Though Hive prices are now below 200 Moving Average, it's currently trading within a tight bollinger band. I would gladly accumulate around this region, unless a breakdown happens soon.

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