Did AR hit the bottom today at 0.0076?
Caveat!
Will it revere tomorrow?
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EDC fell by 4.9% today and found support at 50% Fibonacci Retracement level. Price crosses the Kijun Sen line which is a weak bearish signal. Will it continue to move down?
Caveat!
Weak Bearish Signal on EDC
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Expect the group of AR, IS and FPI to make a comeback in December.
For CMT, ideal thing to do is to hold it for maybe 2-3 months because of the transfer of ownership. CMT is going to be PGMC soon.
PGMC is the second largest nickel mine in the Philippines next to NIKL (Nickel Asia).
Update on selected stocks 11/27/2014
EW - still moving inside an upward channel but showing bearish bias since it wasn't ablve to break the Kijun Sen line
HOUSE - consolidating at current level with bearish bias as Kijun Sen may attract price to go down at 7.36
ICT - fell by 2.6% today hitting the support area. Will it form the handle for the cup?
IMI - after hitting the bottom, green candlestick may signal the reversal?
LPZ - still moving inside upward channel. Currently at support slope
LTG - climbing above 127.2% Fibonacci Retracement level. Kijun Sen line waiting at 13.98 But bulls are still weak.
MARC - struggling to stay above 61.8% Fibonacci Retracement level. Kijun Sen line resisting the price. Break from current support will bring MARC back to 5.55
MAXS - Doji candlestick needs confirmation tomorrow for possible bounce
MBT - moving inside downward channel with price moving towards support slope
Read more at Update on selected stocks 11/27/2014 | Trader's Logbook
Ok pa ba mo enter sa dnl og urc. Need advice.
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