Trading the Philippine Stock Market

[dansoy]

bro makie., ganahan ta kaau ko mu apil sa imu seminar dah..kaso wa lang kos pinas rn..sunod nlng jud cgro

[makie]

Can someone share there inputs on MBT? Will this still go down?

If it will breach past 90, most probably it will. 90 is MBT's support.
So far, MBT is disappointing (short term that is).
On the positive note, this will open better buying opportunities below.

[makie]

bro makie., ganahan ta kaau ko mu apil sa imu seminar dah..kaso wa lang kos pinas rn..sunod nlng jud cgro

Ok lang bro. I'm planning to have it on a quarterly basis.

[istoryamember]

Looks like ALI doesn’t want to rest (Rest before striking again) during the window dressing week. It broke the resistance which now becomes our support. Lets us see how strong the support will be. MACQUARIE as top buyer but also the top seller.

Caveat!

No time to rest?

[istoryamember]

PGOLD rally and reach 30.80 intra day but wasn't able to sustaint its bullishness and settled for 30.40 During the last few minutes I saw a rather bearish sentiment as it fell to 30.30 during the preclosing. I think our support (previously our resistance) is not that stable yet. MACD has a buy signal but RSI is nearing 70. Anyway we are still inside of our triangle and I think it will still rally this week for window dressing. Or maybe it is just a premature breakout from resistance due to excited traders

Caveat!


Premature breakout?

[istoryamember]

Will there be a technical rebound for PX tomorrow following the Hammer candlestick that was formed today? Just be careful because hammers don’t have a high reliability. But if we will see a large green candlestick tomorrow then that would be our signal. Don’t discredit the possibility of a dead cat bounce though.

The Bullish Hammer Pattern is a candlestick that appears at the bottom of a downtrend. This is a single candlestick pattern that has a similarity with the Bullish Dragonfly Doji Pattern. They only differ on how their “head” looks like.

Caveat! This is not for the faint of heart.


Dead Cat Bounce or reversal?

[MK]

na hit gyud ni PX sa intraday ang breakdown tp sa pennant pattern at 14.
http://www.traderspie.com/2012/09/px-red-alert.html
[IMG]http://2.bp.blogspot.com/-YPgY63CYQ9Y/UEoO6mxuoHI/AAAAAAAABcw/NDDdMrWLj7Q*******20120906PX.png[/IMG]

[istoryamember]

Can someone share there inputs on MBT? Will this still go down?

maybe a technical rebound is about to happen but needs confirmation tomorrow. 90 should be a strong psychological support but if broken basin mo duol ni siya around 86 (38.2% fibonacci retracement level) Caveat!

[MK]

uie.haven't been here for a while now..bro mk..unsa mga undervalued nga blue chips rn? plan ko mu position for 4q na..haha..veryhappy with my PGOLD,SMPH,AGI.

Bro try BDO and SECB...pero not much upside in the near term.
though around +10% should be achievable.
MBT sad may rebound pero upside is similar in the near term.

AC is good for the mid to long term...dako kaayo potential and para nako cheap pa ni at current price.
ang MPI murag kaga pa...I think AC will be a better deal when banking for PPP exposure going forward to 2013.

sa consumer, PGOLD gihapon ko and URC.
though wait for better pullback sa PGOLD kay murag taas taas na hehe.

I have trading position still sa PIP pero sold half already sa 4.
I am also slowly scaling down my trading position sa AGI...murag bound na ni mopahuway cguro
sold half of my ABS position sad at 33...

ako sad mga mid to long term na position bro mauy ni hawod...gamay nalang kaayo ako day trades pud lately. Mostly swings or position trades ra.

[IPsuite]

SEVN set a new 52-week high during today's trading session when it reached 77.00. Over this period, the share price is up 231.90%.

3 months performane breakdown:
June: 13.49%+
July: 22.95%+
August: 16.67%+

and 10% up for this month..hopefully ma surpass ang August...congrats sa mga naa ani starting June...