Trading the Philippine Stock Market

[istoryamember]

Nice one!

[MK]

Bloomberry Resort Corporation (BLOOM)

Technical Notes:
- Price is approaching the projected breakout price target set last September 12 at 11/share.
http://www.traderspie.com/2012/09/bloom-update-1.html
- Rising volume points to a strong demand from the market and is supporting the uptrend price action.
- RSI however, is hovering the overbought level and heading off a major RSI resistance wall. For now, there is still room to go up.
- MACD is still indicating a bullish pattern. This may point to a price price action that could possibly hit the projected breakout target if not surpass it.
- Immediate resistance is at 10.94. Price today also touched this level. Some may take this as a cue to scale down trading position.
- Immediate support is at 10.

Fundamental Notes:
- Potential catalyst for a continued upside price action is still the targeted grand opening of its casino complex in the first quarter of 2013 inside Pagcor's Entertainment City. Price may pullback but the general trend may be to go higher in anticipation or speculation among investors.

Price Forecast (~12months):
- Low estimate = 10.5 (this has been hit already yesterday)
- Median target = 11.5
- High estimate = 12.5

see here for reco...
http://www.traderspie.com/2012/09/bloom-update-2.html
caveat
[IMG]http://1.bp.blogspot.com/-FD7b7vQZ9-I/UGL9bjC2UdI/AAAAAAAABj0/8gDM5GdKDGA*******20120926BLOOM.png[/IMG]

na hit gyud ang median target na 11.5 on intraday trading....
todays candle kay murag shooting star na...basi sign na ni na hapit na mahuman window dressing

[MK]

continue pa ni ang AGI to 15..hehehe

basi abot ni ugma 15?
15 though is like 2012Q4 upper end estimate base on forward earnings...
so basi this recent sharp rally is just part of window dressing...need to be cautious na on imminent pullback
as they say, profit is profit hehe no need to be greedy na

[IPsuite]

basi abot ni ugma 15?
15 though is like 2012Q4 upper end estimate base on forward earnings...
so basi this recent sharp rally is just part of window dressing...need to be cautious na on imminent pullback
as they say, profit is profit hehe no need to be greedy na

noted sir MK..hehe...anyway sige ra kug adjust sa cut loss nako ani, ganiha 1 tick nalang gyud sell nako, wa man ma hit..hehehe..adjust na pud para ugma...

[Vinz10]

Sir/s, any take on LIHC and LMG for tom?

[IPsuite]

Sir/s, any take on LIHC and LMG for tom?

i think boss Makie got LIHC...

[MK]

Robinsons Land Corporation (RLC)

Technical Notes:
- Potential breakout from descending channel on very high volume. Projected breakout target price base on measured move is around 21.4.
- This breakout also coincide with the price action that bounce from the uptrend support line. A potential bullish trend continuation signal.
- MACD is showing a bullish signal crossover, a potential BUY signal.
- RSI is also rising above 50 level, another bullish signal.
- Immediate resistance is at 19 and major one at 19.8/20 area.
- Immediate support is at 18.

Fundamental Notes:
- Potential venture into gaming industry as it negotiate with the Okada group. This is a potential growth area on top of its hotel and realstate operation.
http://www.pse.com.ph/resource/discl...2-5310_RLC.pdf

Price Forecast (~12 months):
- Median target = 19
- High estimate = 22

http://www.traderspie.com/2012/09/trading-rlc.html
caveat
[IMG]http://3.bp.blogspot.com/-i8Evz2Fnx64/UGRniDNGT1I/AAAAAAAABlM/rqqwNYCe2BI*******20120927RLC.png[/IMG]

[MK]

murag lami ang market cguro today...
basi mosunod sa us and eu market...I hope

[borjjoss]

murag lami ang market cguro today...
basi mosunod sa us and eu market...I hope

Sir what do you think of CAL karon? mubalik kaha ni ug saka or padayon ug panaog...

[dadi]

ayaw lang pag boss bro or bai na lang

yep nindot pod i hold..but dungagi pod og review from time to time.may it be paper reports(which makita nimo sa PSE disclosure) or mga madunggan nimo like nindot ba pagkabuhat ilang mga projects, wala bay reklamo/ma deliver ba nila on time ila projects..compare sa ilang peers..

nindot pod BPI trade if ur not trading..my long term account is in BPI trade, while i do have trading account sa COL.

Bro what stocks do u have that u 're holding for long term? May i know especially 10php below? that is if u dnt mind...