Trading the Philippine Stock Market

[WebsaytNimo]

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what do you think of RCI guys?
though MACD is not aligning, my alarms for RSI and MA50vsMA200 are firing.
will continue to watch.

[istoryamember]

what do you think of RCI guys?
though MACD is not aligning, my alarms for RSI and MA50vsMA200 are firing.
will continue to watch.

do you have enough daily trades for that stock to say nga "active" siya? Charts depicts emotions. If gamay ra ang trades, it will not give you a good picture of the emotion

[WebsaytNimo]

do you have enough daily trades for that stock to say nga "active" siya? Charts depicts emotions. If gamay ra ang trades, it will not give you a good picture of the emotion

hi brad. when adding my alarms for a stock, i took into consideration its trading volume. RCI i believe has a decent trading volume, or at least during the time when I started monitoring it.
just wondering if naa sad diri who also bought RCI stocks. i haven't bought it yet, but it is on my watchlist/alarms.

[spectrespook]

what do you think of RCI guys?
though MACD is not aligning, my alarms for RSI and MA50vsMA200 are firing.
will continue to watch.

My 2 cents Boss.. must hold current level and consolidate/accumulate sa, but more bias on the downside, atang na lang ko sa 1.8 just in case. Although diverse ang company but one of its major business is sugar man, we all know nga affected kaayo ang mga sugar beverages products tungod sa higher taxes implemented by the train law karon panahona, so naa jud adjustment/changes ani which I think more on the down side.

[WebsaytNimo]

My 2 cents Boss.. must hold current level and consolidate/accumulate sa, but more bias on the downside, atang na lang ko sa 1.8 just in case. Although diverse ang company but one of its major business is sugar man, we all know nga affected kaayo ang mga sugar beverages products tungod sa higher taxes implemented by the train law karon panahona, so naa jud adjustment/changes ani which I think more on the down side.

noted bro. thanks for the inputs. yep watch mode sah ko for now sa RCI.
honestly, i am not aware RCI is on to the sugar business, or more specifically i did not check the company's profile. hehe.
good call on sugar factor and I agree with the assessment.
mejo na-alert lang ko kay nagcross ang MA50 ug MA200 last week, but other than that, nothing unusual for RCI from my point of view.

[wildtrax23]

7,350 pts. for psei.. take note of 7,450.. it's a crucial level of entry..

[istoryamember]

Philippine Stock Market – Update on selected stocks 7/13/2018

ALI, BDO, BEL, BLOOM, BPI, CEB, COSCO, DD, DNL, FLI, FMETF, FOOD, IMI, ION, ISM, JFC, JGS, LTG, MBT, MEG, MPI, MRP, PGOLD, PIZZA, TUGS, VITA, WIN

ALI - without any bullish or bearish candlestick formation, this stock may move sideways within its current trading range at 36 - 38 per share.

BDO - started strong early for the week but losses steam and settled near the opening. Price is more likely to move sideways this week. Trading range at 123.5 - 133.00 per share.

BEL - sideways with bullish bias based on this week's candlestick formation.

BLOOM - sideways with bearish bias. Support is at 9.00 per share.

BPI - up by 9.7% week on week but last Friday's price movement shows resistance from the bears as it nears the Kumo. Will it retreat at current level?

CEB - buyers were coming strong last week as it close the gap at 72 per share. Kijun Sen line at 77.97 per share may continue to pull the price up as long as it moves horizontally.

COSCO - up by 3.8% last week but bears are still in control. Notice how the Kijun Sen line succeeded in holding the price below 6.11 per share. This is a resistance COSCO needs to break.

DD - price may spike up to 31.55 per share where Kijun Sen line is but bearish sentiment is still strong at this time so this target is bleak.

DNL - sideways with bearish bias.

FLI - sideways with bearish bias. Kijun Sen at 1.53 may pull the price up but it could be a strong line to break once price approached that line.

FMETF - up by 2.6% week on week and may continue to move up this week towards 112.70 per share resistance.

FOOD - after a strong break from the Kumo, it is now time to test the newly found support at 0.62 per share. If it holds, then we'll see FOOD challenge the 0.70 per share level.

IMI - resistance from the Kumo proved to be strong for the bulls. It failed to get past the Senkou Span B and is now heading towards support at 61.8% Fibonacci Retracement level or around 12.5x per share.

ION - continues the battle with Senkou Span B. It may continue to push upward this week. In case a strong break from the slope and Kumo will happen, Next resistance will be 3.0 per share and 3.20 per share.

ISM - sideways with bearish bias.

JFC - after successive drop we see a Doji candlestick which suggests bears and bulls are now in equilibrium. Will it bounce from here?

JGS - up by 5.8% week on week after hitting the 161.8% Fibonacci Retracement level for few weeks. Price is likely to move up this week with resistance seen at 58 per share.

LTG - may spike this week as high as 19.45 per share but some holders may use it as fire exit.

MBT - was holding on to its support. It went down as low as 66.15 per share but was able to recover and close near its opening. Test buy if the bullish sentiment last week will be confirmed. This is via a long green candlestick. If that will happen, next resistance will be 77.7x per share.

MEG - looks like it will develop a rectangle formation with range from 4.30 - 4.90 per share.

Read more Philippine Stock Market – Update on selected stocks 7/13/2018 | Philippine Stock Market

[istoryamember]

Philippine Stock Market – Update on selected stocks 7/20/2018

AC, ALI, ATN, BDO, BEL, BLOOM, BPI, CEB, COSCO, DD, DNL, ECP, FGEN, FOOD, HOUSE, ICT, IMI, ION, ISM, JFC, JGS, LR, LRW, LTG, MAXS, MBT, MEG, MPI, MRC, MRP, MRSGI, NOW, PGOLD, TUGS

AC - sideways with bullish bias

ALI - up by 3.3% week on week and is likely to continue moving up this week. Resistance is at 40.00 per share.

ATN - closed at the high last Friday which suggests bulls are in control at the closing. It may continue to move up and challenge the resistance at 1.00 per share.

BDO - sideways movement with bullish bias for this week. Resistances are at 133.70 and 138.10 per share.

BEL - sideways with bullish bias.

BLOOM - is at the mercy of its support. Bulls are having a hard time to push the price up and this may lead to Kumo Break this week. Bearish sentiment is strong at this time.

BPI - is currently at resistance area. Daily chart shows a weak bullish signal via Tenkan Sen / Kijun Sen Cross. If resistance will be broken, we may see BPI peaked at 107 per share.

CEB - seen to move up this week. Kijun Sen line at 84.40 per share may continue to pull the price up. Resistance is at 75.00 per share.

COSCO - sideways with bearish bias.

DD - no significant bullish or bearish signal formed last week. It is likely to move sideways this week although Kijun Sen line at 31.55 per share is still a possible reason for a spike.

DNL - sideways with bullish bias.

ECP - after hitting big two weeks ago, last week was a test to the newly found support and so far it held its ground. Price may move sideways this week. Support is at 19.95 per share and resistance is at 34.60 per share.

FGEN - may continue to move up and find resistance at 16.15 per share.

FOOD - up by 12.5% week on week with highest price at 0.78 per share. The Kumo was able to put a stoppage on FOOD's rally but bulls are not yet done. Another try may happen this week to break from the Kumo.

HOUSE - bulls are in control following last weeks's 6.8% rally and almost closed at the high.

ICT - sideways with bullish bias.

IMI - approaching the 61.8% Fibonacci Retracement level that will act as immediate support for IMI. Support area is within 12.58 - 11.80 per share. Test buy when you see a bullish candlestick formation at this area.

ION - still moving within an upward channel. It has recently visited the lower slope and bounce from it with the help of the Kumo. Is it heading towards the resistance slope?

ISM - sideways with bearish bias.

JFC - still hovering within the support area. RSI or Relative Strength Index is at 30 which means there is not much sellers at the moment. Time to go up?

JGS - likely to continue moving up this week with resistace starting at 58 per share.

Read more Philippine Stock Market – Update on selected stocks 7/20/2018 | Philippine Stock Market

[jackdi]

$LPZ anyone ?

[wildtrax23]

$LPZ anyone ?

resistance is MA50