Trading the Philippine Stock Market

[istoryamember]

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Philippine Stock Market – Update on selected stocks 7/29/2016

AGI, ALT, ANI, AR, BEL, BHI, BLOOM, CIC, COSCO, CPG, DD, EDC, EEI, FGEN, GERI, LPZ, LTG, MCP, MEG, MPI, PLC, PXP, SSI, VLL


AGI - sideways with bearish bias due to Kijun Sen line that may pull the price down to 15.78 per share although last Friday's action seemed to tell us that current support is strong. Still, the threat is there.

ALT - range trade between 4.76 per share and 6.10 per share. The price is currently at the lower range.

ANI - price movement to be seen within 3.11 - 3.78 per share while it is moving inside the Kumo or Cloud. Test buy near suport.

AR - no bearish signal found yet but resistance at 0.00435 per share may be strong

BEL - having a hard time breaking from the Kumo. It may move sideways but be ready to buy when it come out strong from the Kumo. Test buy at breakout or wait for bullish candlestick pattern especially when it hit near 3.16 per share.

BHI - no bearish candestick pattern yet but with RSI or Relative Strength Index above 70, expect some selling pressure. Not for the faint of heart.

BLOOM - currently at the mercy of its support at 78.6% Fibonacci Retracement level. Test buy at this level or wait at the next support which is at 5.3 per share

CIC - ended the week with a Doji at the top of its current upward trend. Bullish sentiment is dessipating and bears may take control if bearish bias will be confirmed at the end of this week. RSI or Relative Strength Index is currently at 82.5

COSCO - wasn't able to sustain its early push outside the Kumo and price ended up inside it. You may still keep your position unless a large red candlestick will appear at the end of this week. In case it will go up, resistance is at 8.45 per share.

CPG - sideways with bearish bias unless it will be able to close above 0.635 per share

DD - sideways with bullish bias. 55 per share may act as support if it will continue to move down.

EDC - after breaking out from the triangle, price may continue to move up. Support is at 5.8 per share. Can it reach 8?

EEI - sideways with bearish bias. Last week's movement shows indication of bearish bias. RSI or Relative Strength Index is at 80

FGEN - may move within the 25 - 27 range this week

GERI - daily chart shows how Kijun Sen line protected the price from going further down and a bullish harami was formed last Friday. Do we see a bottom for GERI? Test buy near 1.08 per share. In case it will turn sour, next support is at 1.04 per share.

Read more: Philippine Stock Market – Update on selected stocks 7/29/2016 | TLB – Philippine Stock Market

[mrserious]

Question about mutual fund, it has a fixed monthly amortization, right?

Nope, you can start at P5k and you can add anytime, monthly, weekly, yearly, ikaw na bahala..
or 1 time ok rasad leave it there dili na mawala and you can check anytime, anywhere.. sunlife give you an account like me I check every week, sometimes monthly.. note lang sa imong account number, keep receipt for back up lang..

its your money dili sila kabuot pila imo i invest.. but month is ideal anyway.. ok ang stocks karon not sure in following months.. but karon less than 2 years I think about +%35 sa sunlife lang.. for me ok na kaau na.. you can contact Sun life advisor for more info..

[tsunade]

LOL dont believe in tsismis sir. anyways, we cant tell the future. its possible that your stock ( DOUBLE DRAGON ) can reach 100, its also possible it can only reach 28 or 36 and its possible it can go down big just dont believe in tsismis

ahahaha congrats sa tanan naka DD.

[Duard]

red man tanan akong watchlist, unsa may naa ron adlawa tawn oi

[istoryamember]

AGI - Kijun Sen line provided a support last Thurday and AGI was able to bounce from it closing at 16 per share last Friday. Price may continue to go up with next resistance at 16.28 and 16.75 per share.

ALT - still within the trading range of 4.76 and 5.58 per share. With price inside the Kumo, expect price to move sideways within this range

ANI - price may continue to move down and hit support at 3.15 per share. This is where the Senkou Span line is which will act as support. Test buy when there is bullish candlestick setup near this area.

ARA - went up by 2.9% last Friday pushing away from the Kumo. Price may continue to move up as stock continue to be bullish.

BEL - after 3 consecutive red candlesticks we still don't see any bullish pattern. Will Kijun Sen line pull the price at 2.89 per share?

BHI - registered a Doji candlestick after consecutive falls. Will BHI bounce this week? This type of setup suggests that while the bears are in control for the past few days, their bearish sentiment is dissipating, thus a bullish bias if about to emerge. But we need to see a confirmation via a long green canlestick following this setup. Either you test buy now or wait for the confirmation.

BRK - found support at the Senkou Span line but it may just move sideways this week.

BLOOM - weekly chart shows how the Kijun Sen line acts as support to this stock. Price may continue to move up this week with headwinds at 5.90 per share.

BRN - currently at the support slope. Sentiment is seen to be bullish at this time. Test buy at this level but quick to get out if support will be broken.

CEB - went up by 5.5% last week to close at 115 per share. RSI or Relative Strength Index is already high at 83. Although we haven't seen any bearish candlestick formation as of this time, price has already reached its possible target at 161.8% Fibonacci Retracement level. Not good for a fresh entry.


Philippine Stock Market – Update on selected stocks 8/05/2016

AGI, ALT, ANI, ARA, BEL, BHI, BRK, BLOOM, BRN, CEB, CHP, CIC, COSCO, CPG, CROWN, DD, DMC, DNL, EDC, EEI, FGEN, FLI, FNI, GERI, ION, ISM, LPZ, MAXS, MCP, MEG, MRSGI, PPC, PXP, ROCK, RWM, SBS, SLI, T, VITA, VLL, X

Philippine Stock Market – Update on selected stocks 8/05/2016 | TLB – Philippine Stock Market

[Balandido]

Mga bossing, unsay mga maayong stocks ron sudlan? Salamat.

[maccebu]

Go dnl..........!

[snake_eye]

guys, question, what is IPO? I keep on hearing that term but don't know what it is..

[Balandido]

IPO - Initial Public Offering.

A first time offer (Primary market) by a new enlisted SEC company to the public to buy its shares. No fees, commission yet are added.

Once you have bought shares and sell it (Secondary Market), fees, commissions, VAT and other
fees are now added.

[snake_eye]

@Balandido, are you familiar with the FEES, commissions and the like when purchasing stocks? Do you have a computation for it?

now, for IPO, is it advisable to buy stocks from them?