late nako naka check bro......
late nako naka check bro......
Supports are at 210 and 200. But there are a lot of bulls in 210-215 area. 5 days nani nga sige ug ubos so tech bounce might be just around the corner.
Ni-down ni coz a few poren brokers are downgrading their rating. One main factor is its plan of buying a 1B USD company. Might be Krispy Kreme, Dunkin' Donuts or Wendy's.
But overall, this is a long term stock and one of the few stocks that are correction proof. Wa ra jud kaau ni ni-down during that 20% major correction that we have during the middle part of 2013. Caveat as always.
Update on selected stocks 02/25/2015
ALI - touching the resistance slope. ALI has been moving inside an upward channel. Will it break the resistance or follow with the routine? RSI is at 75.8
AR - broke the 78.6% Fibonacci Retracement level without any bullish candlestick formation. Could this dip to 0.004x?
ATN - continue to move up touching the Kumo. Will it resist the price to go up or a break will happen? Our new support is at 2.7 That is where our Kijun Sen line is at weekly chart.
BEL - sideways with bullish bias as Kijun Sen lines on weekly and daily charts tend to pull the price up.
BLOOM - Kijun Sen line is a hard resistance to break for now. Price may continue to fall as deep as 10.4 but monitor for possible reversal if bullish candlestick formation will appear even before it hits that area.
CEI - weekly chart still shows Kijun Sen line moving horizontally at 0.16 which could pull the price up. Price merely closed above Kumo today but still this is bullish signal.
COSCO - newly found support is being tested today while Kijun Sen line has bent already. Is this it for COSCO?
Read more at Update on selected stocks 02/25/2015 | Trader's Logbook
Whats your forecast on : SSI, IS, MCP?
SSI: Price action still dropping. Downtrend still intact.
IS: Looks like a good buy. Buy signals on.
MCP: General trend is still downtrend. This may take a while since City of Dreams just recently opened. It may take a year for the company to start earning.
- - - Updated - - -
Chances are good.
Moving averages are crossing going up.
Wow this thread is very informative! daghan kog makat-unan ani mga ka sugbu-anon da especially pag basa og fundamentals sa usa ka company. I'm a Forex Trader and more on Technical lng q. But this thread is a great insight for me to know more sa atong mga local companies and hopefully invest for long term. Thank You.![]()
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