Trading the Philippine Stock Market

[noboss]

nganong dugay ka ni-exit boss? sa third breakdown pa lang, it was a sign of a downward trend na.. nag-wait ka nga mag-cross ang MA100 ug MA50 for confirmation?

naa ko gihulat nga play boss, pero wala nag materialize so mao to nagsell on breakdown ko.

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I didn't realize it sooner.... PXP screenie above is on 5min chart man diay.
Mao diay nga dili nako makit-an ang nawng on the 1D charts.

So that ZF.system can also be used on this timeframe diay
Mura'g scalping in forex dah.
Very nice Boss.

Thanks a lot again.

yes boss. you can use the system in any timeframes if magamay na nimo if unsaun.
forex, or US markets you can use it boss. same principle lang man. ang kinalahi lang is ang forex more volatile sya, and ang sa US markets lahi pod ang gameplay.

[*sludge*]

bali for bounce plays na na setup boss. inverted AOTS na sya usually on bounce play with respect sa intraday.
7.6-7.7 area was a resistance. so sulod ko sa breakout intraday.
bounce plays kay paspas lang na na plays boss. just to milk the intraday momentum of the bounce.

congrats boss, ubay ubay gyud naay pxp diri. hehehe

[wildtrax23]

8300 just became the support, road to 9000!

[istoryamember]

Philippine Stock Market – Update on selected stocks 10/06/2017

AC, AGI, ALCO, ALI, ANI, AP, APL, BEL, BHI, BKR, BLOOM, BPI, BRN, CEB, CEI, CLC, CLI, COSCO, DAVIN, DD, DFNN, EEI, EMP, EW, FLI, GERI, HVN, IDC, IMI, JFC, JGS, LMG, LPZ, LR, LTG, MAXS, MEG, MPI, MRC, MRP, MRSGI, PGOLD, PHEN, PIZZA, PLC, PNX, PXP, RWM, SBS, WPI

AC - up by 4.6% last week to cloes at 1015 per share. There is no bearish signal as of this time but the stock is already overbought so be careful.

AGI - sideways with bullish bias

ALCO - down last Friday by 3.4% fueld by selling pressure due to profit taking but overall up by 7.7% last week. The price is still inside the Kumo but a pressure from Kijun Sen line may help the buyers break from the Kumo. Resistances is at 1.18. and 1.24 per share. Test buy current level or at 1.10 per share where Tenkan Sen line is.

ALI - may continue to drop and find support at 42.00 per share. The stock is still bullish so any drop is a welcome development.

ANI - broke the 10.00 barrier and is now within the PRZ or Potential Reversal Zone which we pegged at 261.8% Fibonacci Retracembent level.

AP - Bearish One Black Crow candlestick pattern seen last week after it dropped by 3.2% to close at 41.50 per share. Interestingly, Tenkan Sen line is about to cross Kijun Sen line which is a bullish signal. One may wait if the 41.00 per share will be broken before proceeding with his buy or sell order. This is its support. If a bounce will happen, then it will continue to rise. If broken, it will seek support at 40.00 per share.

APL - refuses to decline last Friday. It may instead move sideways to loosen up RSI

BEL - sideways with bearish bias. Chikou Span showing bearish signal and Kijun Sen line seems not easy to break as of this time.

BHI - sideways with bearish bias.

BKR - after successive rise that pushed the price as high as 3.24 per share during its trade the previous week, last week's price movement suggests that bears are starting to gain control. This is depicted by the Engulfing Pattern we see on weekly chart. If this will be confirmed, Price will drop and may seek support at 2.4x per share. RSI or Relative Strength Index suggests that the stock is already overbought.

BLOOM - shows early signs of bearish sentiment with the weak bearish signal coming from the Chikou Span. Current held at support level 10.48 per share but may break this weak support. Strong support is seen at 10.00 per share.

BPI - sideways with bearish bias.

BRN - touched the 78.6% Fibonacci Retracement level and showed bullish bias at week's close. The previous support is still there and you may test buy near it or at current level.

CEB - broke the support but Kumo is there to the rescue. There is no bullish signal so the trip to 120 – 125 per share may put on hold for a while.

CEI - may continue to drop and find support at 0.216 per share.

CLC - the Kumo proves to be a strong resistance for CLC. It went up during the week's opening but failed to break the resistance provided by the Kumo. Bulls will try to push the stock this week.

CLI - no bullish candlestick pattern seen yet but price closed at support provided by the Kumo. Will it bounce at this level? Better wait for bullish candlestick pattern first.

COSCO - continues to struggles getting inside the Kumo but at least the bulls didn't give up and close the stock with fairly equal strength with the bears. Another test may happen this week. Support is at 8.40 per share if things get rough.

DAVIN - up by 8.7% to close at 7.00 per share. Bullish signal was formed by Kumo Break. Last Friday's action at the closing shows selling pressure due to profit taking. This may not affect its current sentiment which is bullish.

DD - continue to move sideways but this time with bullish bias.

DFNN - sideways with bullish bias.

EEI - last week's price movement shows indecisiveness between the bears and the bulls. This could lead to bulls taking control this week. Test buy at current level or wait for a green candlestick formation.

EMP - Tekan Sen / Kijun Sen Cross seen last week. Is it going to be a good week for EMP?

EW - sideways with bullish bias.

FLI - currently supported by Tenkan Sen line but may not be a strong one. Support at 1.92 per share looks strong.


Read more Philippine Stock Market – Update on selected stocks 10/06/2017 | TLB – Philippine Stock Market

[jackdi]

I placed a bet on BRN since last week..

Tsk! Nag-gap-up na'g sugod ang BRN .... wa jud ko kapalit dah.

[spectrespook]

Tsk! Nag-gap-up na'g sugod ang BRN .... wa jud ko kapalit dah.

Too early ra akung entry boss..hehe. Hopefully above 1.13 ni starting next week, ma break sad ang 1.15. Maayo unta sign of reversal na ni ang mga window

[wildtrax23]

CLC and CHP

[spectrespook]

CLC and CHP

Nakasakay ko sa CLC..hehe!

Anyone here noticed about MRC?

[jackdi]

Nakasakay ko sa CLC..hehe!

Anyone here noticed about MRC?

MRC - mura'g gikaon pa man na sa bear Boss.
On candle sticks lang, I think, mo-go below 0.305 pa ni.
Diha pa maklaru ang bottoming ani.
(ako ako ra ning panan-aw hap)

Bottoming imong gipang-target Boss noh?

[istoryamember]

Philippine Stock Market – Update on selected stocks 10/20/2017

2GO, AC, AGI, ALCO, ALI, ANI, APL, ATN, BDO, BEL, BHI, BKR, BLOOM, BRN, CEB, CLC, CLI, COSCO, CPM, DAVIN, DD, EEI, FGEN, FLI, IDC, IMI, JGS, LR, LSC, LTG, MAC, MAXS, MEG, MPI, MRC, MRP, PGOLD, PLC, PNX, RWM, VITA, VLL

2GO - looking at how the KSL moves these past few weeks, price may spike towards 21.22 per share. Support is at 19.13 per share in case it will drop.

AC - showing bearish sentiment at week's close with RSI or Relative Strength Index at 85.73. The stock is considered overbought which means traders have the higher tendency to sell the buying more shares. Overall sentiment is still bullish.

AGI - dropped 9.10% last week and seek support at 15.18 per share where Kijun Sen line is. But the support can extend to 15.00 per share. As of now we don't see any bullish candlestick formation. I would rather wait for it.

ALCO - sitting on support level provided by the Kumo. Price may move sideways within the bounds of the Cloud or Kumo.

ALI - sideways with bearish bias.

ANI - has remained aggressive with RSI or Relative Strength Index at overbought level. Support is at 10.69 per share. Is it going to hit 13.5x to close a large cup formation?

APL - sideways with bullish bias. Weak signal seen via Tenkan Sen / Kijun Sen Cross.

ATN - bears are trying to control the stock. If price movement will create a large red candlestick that will pierce through Kumo, then bearish sentiment will be confirmed.

BDO - sideways with bearish bias. Notice the Shooting Star candlestick at the top of an upward trend. If this bearish signal will be confirmed next week, then price will fall and close the gap at 139.90 per share.

BEL - sideways with bearish bias. Chikou Span line continues to move below the price movement and Kijun Sen line staying above Tenkan Sen line.

BHI - sideways with bearish bias.

BKR - dropped by 12.7% to close at 2.27 per share. There is no green signal seen yet so be careful when buying as you might be catching falling knives.

BLOOM - support at 10 per share has been tested repeatedly and so far proved to be strong. Still we don't see any significant bullish signal this time. Price may just move sideways this week.

BRN - loses steam after hitting 1.17 per share, it went back and close unchanged week on week. There is still a gap near 1.04 per share ang it might be filled this week. Watch out for the break near 1.18 per share. Buy when it happens at the end of the week.

CEB - Kumo was able to support the drop in price few weeks ago and CEB is in a good mood after that. Price may continue to rise this week.

CLC - up by 4.3% to close at 10.00 per share. It is likely to continue move upward this week with resistance at 10.28 per share and support at 9.95 per share.

CLI - price is currently sitting on support level. There is a bullish signal but looks weak. Nonetheless, its worth your time to monitor this stock this week.

COSCO - range trade within 8.40 - 8.65 per share.

CPM - sideways within the 1.5 - 1.6 per share range.

DAVIN - sideways with bullish bias. Kijun Sen line was able to support the price when it hits 6.20 per share.

DD - consolidating inside a triangle and going from support slope to resistance slope around 43.50 per share

EEI - up by 3% to close at 13.60 per share. Price may continue to move up this week. If it will continue to respect its current trend, price will top around 15.9x before moving down. Price is currently moving inside an upward channel.

FGEN - down by 9% with no bullish signal in sight. Let it bleed for now. Spikes may happen as some traders want to get out.

FLI - Kijun Sen line at 1.92 per share keeps pulling the price down where it closed at 1.94 per share last Friday. It is down by 5.8% week on week. No bullish signal seen as of this time.

Read more Philippine Stock Market – Update on selected stocks 10/20/2017 | TLB – Philippine Stock Market