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Tuesday, November 2, 2010

Stock Pick for the Month - Banco De Oro (BDO)

The charts of BDO looks good. It's has been consolidating for 58 to 60 level for quite some time now. A  technical breakout of 60.40, with a targets of P63-64, 67 and major resistance at P70. Volume is relatively  higher last week compared to previous weeks and  will likely to follow the runs of peers PNB, MBT and UBP.



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