Trading the Philippine Stock Market

[WebsaytNimo]

the signs of reversal just happened yesterday for this stock.. price has broken all three MAs - 20 50 & 100, better sell half of your shares at 0.4700 to realize some gains since it is approaching the MA200 already which is a solid resistance.. buy again once that MA has broken...

in terms of MACD, a divergence happened last June 6th and was confirmed to be a positive one yesterday when it closed as a green candle after a doji candle on the 7th... but remember MACD is still negative, it needs to go above 0 for a strong rally which will coincide with the MA200 breakout...

anyway, it was a lucky catch at the bottom.. there was actually a catalyst news that made the price went up after you bought.. continue to monitor specially that MA200 level.. very critical.. goodluck!

thanks bro for your inputs.
but i'll try to take my chance and wait a little and won't sell CPG just yet.
also, i don't think if pwede nako i-sell ang half since I only bought the minimum order board lot quantity of 10000 for this stock.
i started stock trading when i joined this thread i think 2-3 months ago, and honestly - I haven't done any selling yet but I am hoping CPG will be my first if the stars align from my point of view.

actually, i wasn't using MA vs Price as my buy/sell signal.
I am anticipating for the MA50 and MA200 crossover.
sa akong nabasa diri https://www.investopedia.com/article...nd-trading.asp - there are 2 ways to use MAs as buy/sell signals.
one way is what you pointed out (Price vs MA), and another is the MA50/MA200 crossovers.
I am looking at the latter.

yeah, I got an alarm when the MACD crossing the MACD Signal, and the price did go up from there but not as high as I expected. hehe.
i also think we are looking at different signals for MACD too.
still from the same link I shared above for MA, there are also 2 ways to use MACD as buy/sell signal.
first is as you described looking if MACD is above or below zero, that's one way.
second is MACD crossing over the MACD Signal line (or normally the EMA9).
i am using the 2nd approach.

i am actually expecting for a similar (or better) trend from what happened on April 13 and from my point of view - that hasn't happened yet. so my fingers crossed on that.
with that in mind, i set an alarm when the spread between the MACD and MACD Signal breaks 0.0045 and if that happens, I will sell. i'll give it 2 weeks max hopefully.

lastly, i also set an alarm when RSI breaks 65 and Momentum breaks 115.
if my MA, MACD, RSI, and Momentum alarms fire simultaneously, it will definitely be a sell for me.
if only 2 or 3 alarms are firing - i need to assess the situation first, and maybe sell.
hoping for the best.

[wildtrax23]

thanks bro for your inputs.
but i'll try to take my chance and wait a little and won't sell CPG just yet.
also, i don't think if pwede nako i-sell ang half since I only bought the minimum order board lot quantity of 10000 for this stock.
i started stock trading when i joined this thread i think 2-3 months ago, and honestly - I haven't done any selling yet but I am hoping CPG will be my first if the stars align from my point of view.

actually, i wasn't using MA vs Price as my buy/sell signal.
I am anticipating for the MA50 and MA200 crossover.
sa akong nabasa diri https://www.investopedia.com/article...nd-trading.asp - there are 2 ways to use MAs as buy/sell signals.
one way is what you pointed out (Price vs MA), and another is the MA50/MA200 crossovers.
I am looking at the latter.

yeah, I got an alarm when the MACD crossing the MACD Signal, and the price did go up from there but not as high as I expected. hehe.
i also think we are looking at different signals for MACD too.
still from the same link I shared above for MA, there are also 2 ways to use MACD as buy/sell signal.
first is as you described looking if MACD is above or below zero, that's one way.
second is MACD crossing over the MACD Signal line (or normally the EMA9).
i am using the 2nd approach.

i am actually expecting for a similar (or better) trend from what happened on April 13 and from my point of view - that hasn't happened yet. so my fingers crossed on that.
with that in mind, i set an alarm when the spread between the MACD and MACD Signal breaks 0.0045 and if that happens, I will sell. i'll give it 2 weeks max hopefully.

lastly, i also set an alarm when RSI breaks 65 and Momentum breaks 115.
if my MA, MACD, RSI, and Momentum alarms fire simultaneously, it will definitely be a sell for me.
if only 2 or 3 alarms are firing - i need to assess the situation first, and maybe sell.
hoping for the best.

the last crossover of MA50 and MA200 happened last year Oct 2017 when MA50 went below MA200, a sell signal

you better check again your parameters

[WebsaytNimo]

the last crossover of MA50 and MA200 happened last year Oct 2017 when MA50 went below MA200, a sell signal

you better check again your parameters

i did not say the MA cross (MA50 going above MA200) already happened.
i said in my previous post that the cross hasn't happened yet, i was just "anticipating" it to happen.
a good read here Trading Is a Game of Anticipation, Not Reaction » Learn To Trade
if i wait for the cross and only react by then - it may be too late.
and again - my buy judgement was not just solely based on MA.

i checked again my params - MA50 is (from my humble point of view) is going to cross MA200.
starting first week of May, MA50/MA200 had a 0.05 differential and it currently has 0.03.
which I also pointed out on my previous post, that I think it is a slow (anticipated) cross. my anticipation.
if it won't cross - no biggie, that is the reason why we shouldn't just rely on one indicator.
time will tell, i will be happy if this prediction of mine will be proven wrong. i will be happier if otherwise. hehe.

still fingers crossed.

[wildtrax23]

i did not say the MA cross (MA50 going above MA200) already happened.
i said in my previous post that the cross hasn't happened yet, i was just "anticipating" it to happen.
a good read here Trading Is a Game of Anticipation, Not Reaction » Learn To Trade
if i wait for the cross and only react by then - it may be too late.
and again - my buy judgement was not just solely based on MA.

i checked again my params - MA50 is (from my humble point of view) is going to cross MA200.
starting first week of May, MA50/MA200 had a 0.05 differential and it currently has 0.03.
which I also pointed out on my previous post, that I think it is a slow (anticipated) cross. my anticipation.
if it won't cross - no biggie, that is the reason why we shouldn't just rely on one indicator.
time will tell, i will be happy if this prediction of mine will be proven wrong. i will be happier if otherwise. hehe.

still fingers crossed.

ok, good to know

[WebsaytNimo]

my alarms are firing for CEB. MACD just crossed below MACD Signal, and RSI went below 35.
MA50 and MA200 cross is still far from happening though.
i have updated my alarms, and will continue to watch. i might buy it.

[jackdi]

Ayay ka!



Gap down pa and below 7500 na jud ang $PSEi

new 52-wk low na pod dah

[wildtrax23]

Ayay ka!



Gap down pa and below 7500 na jud ang $PSEi

new 52-wk low na pod dah

normal na ang 52-wk low ron panahona

[jackdi]

normal na ang 52-wk low ron panahona

Mura'g mao jud na Boss..
Ni-hit naman diay og below 7000 ang PSEi last week.

[jackdi]

$DMW

[istoryamember]

Philippine Stock Market – Update on selected stocks 06/29/2018

ALI, ANI, BDO, BEL, BKR, BLOOM, CEB, CEI, CLC, CLI, COSCO, DD, DNL, EEI, FLI, FMETF, GERI, HOUSE, ICT, IMI ION, ISM, JFC, JGS, LPZ, LR, LTG, MBT, MEG, MPI, MRC, MRSGI, NOW, PIZZA, PXP, TUGS


ALI - bulls was able to suppress the selling pressure from the bears. It is more likely to move sideways this week with bullish bias.

ANI - the threat from Kijun Sen and Tenkan Sen last week is gone. Time to continue moving up?

BDO - trading range is seen at 133.70 – 124.48 per share same as last week.

BEL - the gap was closed last Thursday but bears are still in control. Sideways with bearish bias for this week.

BKR - may still move sideways this week. Resistance is at 1.675 per share in case there is a spike.

BLOOM - found support around 9.5x per share. Bears power has dissipated last week. Is it going to close the gap at 10.40 - 10.30 per share this week?

CEB - broke the 75 per share support last week. It dropped by 12.4% to close at 69.30 per share. It also broke the resistance on monthly chart. There might be a spike this week but it may not get past 72 per share. Other resistances includes 70 and 75 per share.

CEI - tested the newly found resistance and so far bears were able to control the price.

CLC - up by 4% last week and may continue to move up towards 8.12 per share which is the highest side of its 8.12 - 7.00 range

CLI - registered a bearish signal via Kijun Sen Cross after it broke the 4.66 per share support.

COSCO - still sideways with bearish bias.

DD - up by 5.8% to close at 25.50 per share. Buyers were in control last week and may continue to do so this week with resistance at 31.55 per share.

DNL - few spikes may happen this week but it will be short-lived.

EEI - may continue to consolidate within the bounds of Kumo or Cloud.

FLI - broke the support at 1.50 per share and rested on its next support 1.40 per share. This is an interesting area if we will see a bullish candlestick formation at the end of this week. Otherwise, keep away from this stock for now.

FMETF - was able to neutralize the bears after the big drop the previous week. RSI or Relative Strength Index is at 20 which means the stock is oversold. Buyers may continue to push the price up this week with resistance at 110 per share.

GERI - sideways with bullish bias.

HOUSE - sideways with bullish bias. Support is at 6.85 per share.

ICT - may continue to drop and find support at 75 per share.

IMI - registered a bearish signal via Kumo Break. Price went down by 6% to close at 14.00 per share which is a psychological support. Newly found resistance is 14.56 per share.

ION - sideways with bullish bias. Interestingly, we can see an upward channel created with price near the support slope.



Read more Philippine Stock Market – Update on selected stocks 06/29/2018 | Philippine Stock Market