Start buying JFC at these levels. Hinog na para mobounce back up.
Start buying JFC at these levels. Hinog na para mobounce back up.
Update on selected stocks 02/27/2015
AC - registered a weak bearish bias last Friday when price crossed the Kijun Sen line. As of now we don't have any bullish candlestick formation and a possibility of going down towards 697 is there. Unless we will see a bullish formation from the candlesticks, there is no rush for us to get some shares for this stock.
AGI - this stock is currently moving within its support area. It would be interesting to monitor this stock. Test buy once we see a bullish candlestick formation
ALI - continue to move down approaching the support slope but note that the price is currently supported by the Kijun Sen line and this could be a possible bounce area. I would like to wait for a good signal from the candlestick before getting in though. It could be this week.
AR - the 78.6% Fibonacci Retracement level is now our resistance after a failed confirmation of the Engulfing pattern last week.
ATN - managed to stay above 2.7 which was our resistance before it went up and close at 2.82 per share last Friday. The 2.7 is now our support based on weekly chart. The shooting star last Thursday wasn't confirmed although it would be more bullish if price closed above the Kumo. Nonetheless, the bulls are still in control.
More at Update on selected stocks 02/27/2015 | Trader's Logbook
Kijun Sen line continue to support the price form going down below 0.26 while 38.2% Fibonacci Retracement level or 0.27 per share also acted as support. While waiting for another green signal, IS may move sideways but with bullish bias.
RSI or Relative Strength Index is at 50.9
Caveat!
Kijun Sen line protecting the price
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Bought meg at 5.45.... think it's a good decision?
Kagwang man ni'ng Col'Financial.
Kaduha jud ni-hit og P0.280 ang IS karong hapona, wala man ni-execute akong "buy" order!!
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