Trading the Philippine Stock Market

[MK]

Oh!
Kuratan man sad ta ni URC, 65.7 already

still going higher...66 resistance still.

[istoryamember]

Today’s action wasn’t strong enough to break from resistance but not too weak to fall out from our pattern. It went down few notches but somehow managed to stay afloat. Maybe its not yet ripe for this stock to go up. Ate BHI is still undecided if she will run or not

Undecided BHI

[istoryamember]

Since August 6 JGS is pretty much doing well from around 32 per share to above 34. But today's candlestick reminds us to be careful. Today's candlestick looks like a Hanging Man.

The hanging man is a bearish reversal pattern. Since it is seen at the top of the uptrend, a Bearish Hanging Man Pattern signals that selling pressure is starting to increase. The low of the long lower shadow indicates that the sellers pushed prices lower during the day. Even though the bulls regained their footing and drove prices higher at the closing, the appearance of this selling pressure after a rally should not be taken lightly.

Caveat!

Selling pressure on JGS?

[istoryamember]

PHES had a good rally yesterday when some group smell something good to come out. Today, the news came out and after a good start, PHES went down going back to its previous high of 0.74 after rallying as high as 0.77 It shows that this 0.77 level is a strong resistance. Today's volume is not as impressive as yesterday's. What conclusion can we draw from today's action? Was it sell on news? Did people took the chance to get out after being 'ipit' for so long? Or its a shakeout before continuing to surge to PHESo? For me, if this will have a good run to 0.77 and break it then its a convincing bullish sentiment for me. For now I will hide from the shine of the Shooting Star.

Caveat!

Shooting Star on PHES

[istoryamember]

ELI has been going down lately even with the speculation that it will reach 1 because of the stock rights offer. Now trading midway 23.6% and 38.2% Fibonacci retracement level. Our formation is a small gravestone doji. Is it the signal for reversal? or are they going to pull the price near the 38.2% until near Oct 5? Watch mode for now.

Caveat!

EMPIRE EAST LAND HOLDINGS, INC

[InvestGyudTaBai]

bro, unsa mn ang mga applicable taxes ani sa stocks bro?

Brad naa na ba nagreply sa imo ani? kay naa koy online broker www.philstocks.ph define gyud iya charges... i can give it to you just let me know. thank you. pero na sad ko broker-assisted trading account sa BPI

[istoryamember]

@chukie_boi

You may also check this link for taxes and other fees https://www.citiseconline.com.ph/Fin.../HOME_Faqs.asp

[IPsuite]

Calata: Pride of PHL agri sector

[IPsuite]

AGI @ 14..15 soon hehe

[MK]

AGI @ 14..15 soon hehe

16 gahulat ako long term position bro hehe

Sold my remaining trading position though at 14 (GTC na hit)...profit is profit anyway