Here is another stock traded in the Philippine Stocks Exchange (PSE), the Ayala Corporation (AC). AC is one of the blue chips comprising the Philippine Stocks Exchange index which has heavy weight on the named index. Based on the charts provided on the article, the pricepoints around 800 is a crucial price where it may be good or bad price area depending on the price action. As of this writing, risk-takers may start accumulating around such pricepoint since it is still hovering on it.
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