Trading the Philippine Stock Market

[epgarias]

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Bro, my two-cents worth:

On RFM, past behavior seems to indicate that the price usually returns near the trendline before it gathers enough momentum to swing back up. I'd say the price will go down to around 1.5 (I agree with your support estimate) within 7 to 14 trading days before the price can gather strength for another push up. So don't buy it just yet. It should go down some more over the next few days. I don't know about the fundamentals to this stock though coz this isn't on the watchlist of my broker but from a technical standpoint, its a good range trade.

On AEV, this is a good buy in my opinion. I actually have a position on AEV. I bought into it 3 days ago. I'm a bit early but that's the beauty of trading stocks with a solid trend. It's hard not to gain. You can never time it right all the time anyway. That time, I thought the stock would bounce early hence my purchase. Anyway, fundamentals-wise, ATR Kim Eng places the target price for AEV at 25.5 exclusive of an estimated dividend yield of 4.5%. On technicals, it's on a solid uptrend and has been following a solid range for quite some time and is currently consolidating. It should be at the bottom of the range within the week and from there, I am hoping, will make another push up maybe towards 24.5 or higher.

For SFI, I'd stay away from that. It's rebound is weak with diminishing volume. If you do this trade, use a tight stop.

For RCB, July 30 would have been perfect for buying into the stock. And if I had bought into it on that day, I would be exiting now. It doesn't appear to be going anywhere for the moment. It looks like it's in the early stages of a pennant though.

Hope that helps. Keep sharing your watchlist bai.

As for me, i have positions on: AEV, AP, FLI, FPH, and UBP. That's all currently. Good luck to you.

Nice.. Thanks ayo for sharing bro.. Please do keep on sharing your insights.. Big help for all of us..

By the way, 3 out of your 5 stocks kay pareho jud ta.. Ang ako stocks ron kay AP, AEV, ug UBP nalang..

[epgarias]

Can someone look into EEI.
Symmetrical triangle with a not-so-ideal volume decrease.

breakout point 3.83 ish
buy 3.84
cut 3.82
tp 4.6 ish



Im getting ready for ghost month. Im mostly cash now except for the very ipit NI. Am also holding AP and LPZ (recent breakout)

Bro descending triangle nakikita ko sa short term under daily chart. Usually bearish pattern ito. Dilikado pag bumagsak ito. Be careful of EEI. Ok lang if mag breakout ito paitaas.

[epgarias]

bro epgarias ug bro vondave, pwede maka help mo nako aning RLC, SMDC, ug MPI. naka palit man gud ko ani near trendline support unya padulng na karon saka. unsay analysis ninyo ani nga mga stocks? thanks

I am a short term trader only. If i were you, binta ko na sila for some profit.
Ito kasi TP ko sa kanila:
RLC - 14.56 (HIT)
SMDC - 7.31 (Not yet hit. The pattern is more of moving sideways )
MPI - 3.04 (HIT)

[Soggy2]

Bro descending triangle nakikita ko sa short term under daily chart. Usually bearish pattern ito. Dilikado pag bumagsak ito. Be careful of EEI. Ok lang if mag breakout ito paitaas.

i didnt see this. hmm. prolly because im using shorter bars.
thanks for the heads up

[dalmacio]

I am a short term trader only. If i were you, binta ko na sila for some profit.
Ito kasi TP ko sa kanila:
RLC - 14.56 (HIT)
SMDC - 7.31 (Not yet hit. The pattern is more of moving sideways )
MPI - 3.04 (HIT)

thanks kaau bro. sell na lng ko ani ugma. k ra gamay ang gain basta ning gain hehe.

[entrepreneur101]

sir ep=) i was planning to get in tom balik sa DGTL last time nag cut loss ko ani mao kuyawan ko m balik hehe whats your take ani na stock karn? tan aw ko sa chart mura g sugod nman pud ni cya

buy 1.44-146
cut 1.41-1.40
tp 1.54-1.56
thnx in advance =)

[epgarias]

thanks kaau bro. sell na lng ko ani ugma. k ra gamay ang gain basta ning gain hehe.

bro, nindot naman imo mga gipangpila na shares. Dili lang ko sure if sakto ayo imo tyming sa entry nimo. Gamit ayo ang swing trading sa kani imo gipangpalit nimo na shares. By the way, panagsa ra ayo ang makahome run sa stocks. There will always be a correction or consolidation in between. Mao ang best target is usually 2% to 5% lang sa price movement. Technique lang ani is fast turn over of shares. If you can make atleast 1% daily or 5% per week dako na ayo na inig abot sa end of the month around 20% gain naka ana. Pero bisag 2% lang every week imo makaya inig ka end of the month around 8% nana siya.. not but..

[epgarias]

sir ep=) i was planning to get in tom balik sa DGTL last time nag cut loss ko ani mao kuyawan ko m balik hehe whats your take ani na stock karn? tan aw ko sa chart mura g sugod nman pud ni cya

buy 1.44-146
cut 1.41-1.40
tp 1.54-1.56
thnx in advance =)

Downtrending man ako makita niya. Lower high and lower low. Possible TP nako ani kay 1.46 ra. For quick plays ra ni. Downtrending man gud siya. High risk pa for me.

[epgarias]

sir ep=) i was planning to get in tom balik sa DGTL last time nag cut loss ko ani mao kuyawan ko m balik hehe whats your take ani na stock karn? tan aw ko sa chart mura g sugod nman pud ni cya

buy 1.44-146
cut 1.41-1.40
tp 1.54-1.56
thnx in advance =)

But if ganahan jud ka sulod niya.. Wait nga maka establish siya ug base above 1.46.. Sakto to imoha buy na area. Pero as a swing trader mag wait ko ug pull back above 1.46 usa pa ko musulod.

[entrepreneur101]

But if ganahan jud ka sulod niya.. Wait nga maka establish siya ug base above 1.46.. Sakto to imoha buy na area. Pero as a swing trader mag wait ko ug pull back above 1.46 usa pa ko musulod.

thnx au sir ep, wait lng sa ko sideline =)
dli ko nahan masipyat ko ka duha hehe