{"id":20091,"date":"2011-03-13T08:54:21","date_gmt":"2011-03-13T12:54:21","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20091"},"modified":"2011-03-13T08:54:21","modified_gmt":"2011-03-13T12:54:21","slug":"ayala-land-inc-ali-back-in-the-bullish-track","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/13\/ayala-land-inc-ali-back-in-the-bullish-track\/","title":{"rendered":"Ayala Land, Inc. (ALI) Back In The Bullish Track?"},"content":{"rendered":"<p><a href=\"http:\/\/www.laidtrades.com\/wp-content\/uploads\/2011\/03\/ayala-land-inc.-ALI-March-14-2011.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-8356 size-medium\" title=\"ayala land, inc. ALI March 14, 2011\" src=\"http:\/\/www.laidtrades.com\/wp-content\/uploads\/2011\/03\/ayala-land-inc.-ALI-March-14-2011-300x170.png\" alt=\"ayala land inc., ayala corporation, ALI philippine stocks, descending channel, ron acoba, inverted head and shoulders, daily stock picks, stock market trading\" width=\"300\" height=\"170\" \/><\/a><\/p>\n<p>Ayala  Land, Inc. or ALI in the Philippine Stock Exchange, much like the great  Muhammad Ali when he fought Joe Frazier in Manila, made some headway  when it willed itself back in the game during the last few trading days.<\/p>\n<p>On my feature on ALI last March 9, 2011, I noted that there&rsquo;s a  possibility that it could soon change its misfortune as it had been  forming a small inverted head and shoulders pattern (please see my  previous post <a href=\"http:\/\/www.laidtrades.com\/2011\/03\/09\/ali-to-get-up-from-a-punch\/\">here<\/a>).  True enough, a breakout happened the following day. In fact, in one  swift move, ALI broke out from both the descending channel and the  inverted head and shoulders pattern. However, ALI face some selling  pressure around the PHP 16.00 price level. Once it closes above this  resistance, its next target would be at PHP 17.00. In the next few days,  it could trade sideways for a while before it could swing north. <\/p>\n<p>More on <a href=\"http:\/\/www.laidtrades.com\/\">LaidTrades.com<\/a> &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ayala Land, Inc. or ALI in the Philippine Stock Exchange, much like the great Muhammad Ali when he fought Joe Frazier in Manila, made some headway when it willed itself back in the game during the last few trading days. On my feature on ALI last March 9, 2011, I noted that there&rsquo;s a possibility &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/03\/13\/ayala-land-inc-ali-back-in-the-bullish-track\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ayala Land, Inc. (ALI) Back In The Bullish Track?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20091","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20091"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20091\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}