Trading the Philippine Stock Market

[zulander1526]

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Our index has been moving downwards for the past few days. Although we still don't see any reversal pattern from our candlesticks, the Kijun Sen line may stop our index from going further downward.

As of this time, our upward channel is still intact as signified by our Ichimoku elements. RSI or Relative Strength Index is still pointing down but if you notice this is the level where we have a bounce last September 30 of this year.

Caveat!

Sir, nipadayon man ug naog ang index... now at 6,355.18. padayon pa ni naog next week? unsa kaha support ani?

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buy more near supports or wait for a sign of reversal near support and buy..

unsa imo tan aw support level sa index sir marc?
optimistic ka for next week or padayon pa ni naog?

[headblockx888]

naog pa jud ni next week... prepare cash kay lami na ang blue chips

[headblockx888]

URC please give me below 110.. BEL give me 4.5

[makie29]

Support at 6,200 (so far) held on. Possible bounce today.
Selective buying lang. Easy bets might be heavyweights sa index such as SM and TEL.
RLC's trend by the way is still very intact.

[yeheyebay]

Mga boss yman ni nga pulos pula man tanang market ug halos tanang stocks duguan? Ako nag sugod ko mga 1 month pa aning Stocks Market. 1 ra sa akong port ang green ang smph wa pa nako ma sell pag mahal gd lol pang long term man daw ni ako kay mau ako nabasahan na ok ang long term investing, ang uban nkong stocks 4 digits ang negative..^^ nganu pula mani is this a healthy correction o world economy going down? Time to buy more now or wait a bit longer?

aftermath lng tingali ni sa Yolanda kay daghan man siya damages sa atoa.... shop2x lng ginagmay and wait for reversal. It's better mudonate lng sad ta sa mga Yolanda victims kay nagkilanlan jud sila ug tabang.

[makie29]

^^Actually the weakness in the market was caused by the 2.8% third quarter GDP growth in the USA plus 204,000 new jobs last October. Both beat forecasts of 2% third quarter GDP growth and 125,000 new jobs. Foreign funds are flowing out once again (P2.9B worth of foreign funds went out of the PSE last week). Medyo minor lang ang effect ni Yolanda labi na nga di kaayo affected ang Manila.

[MK]

URC please give me below 110.. BEL give me 4.5

murag lisod nanang 110 sa URC in the near term bro hehe...115 remains a very strong support for this, the recent share placement offer price.

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watch and observe PSEi..basi climatic move ni today
means a potential bottom if not sharp reversal may happen....7th day today and I smell reversal

[mann1x]

pula ang color sa mga numero karong adlawa. kinsa tong dako2x pa ug budget pangompra namo. hehehe.

[MK]

a loss to those who panic
I already gain some after buying more...

[buloi123]

Feels like I was hit by typhoon Yolanda on my LTG ;( Kagidlay! Though it's only 12% on my port pero sakit kaayu ang 18% and counting =)