


IPVG Corporation (ticker symbol: IP) recently broke its support at P2.65. It has a little support at P2.5 then P2.0. I don't think there is something wrong fundamentally with this stock as it had performed well in the 1st Quarter. The downtrend is still intact though and has been moving to that direction for more than a year now.
Now the question is, are you scared when you see an IPis (cockroach) because its yucky but harmless? Or are you brave enough to pick it up?


All three moving averages are bullishly in place, uptrend is intact but there appears to be a strong resistance at .35

Alliance Global Group Inc. (ticker symbol: AGI) went up tremendously a few days after announcing its intent that it will increase its buyback program. After increasing so much, a pull back is imminent, wait for it to fall further before considering buying this overbought stock.