Trading the Philippine Stock Market

[remondo]

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kinsay naa idea why SMPH is going down?

murag mo re-test sa 11.50 ng breakout kadtong Sept. 9. technical lang ko.

[MoD]

di-a raman diay mga traders taga cebu.
kung technical trader ka, ang fundamentals makawagtang sa focus sa trade nimo.
ang AP ron nagbreakout sa pennant with target sa 30. naka-add ko sa 25, cut-loss kung mo ubos 24. ganiha ning lapas og 26, irog akong cut-loss to 25.
toppish or not, di ka mahadlok kung sayon pag cut-loss nimo.

welcome sa "cebu traders club" --->(buot2 pa ko sa name sa grupo) hehe..

bro how long na ka nag trade? maybe you can share your style here and advices.. daghan mi dre mga newbies pa.. unsa type of trading nimo? long? swing? daytrader?

[techguys]

^ nindot sad na nga name nimu brod dah. Cebu Traders Club.

Pres. Brod EP.

[kitz]

@kizj how can i join sa kanang online?

Check this site.. then open an account

https://www.citiseconline.com/Final2...e_new/HOME.asp

You can also try www.bpitrade.com

But citiseconline is better in terms of charts..

[carbrill]

@kitz thanks!

[epgarias]

@Boss Ep:

Bro, unsay imong ikasulti sa DGTL?
Based sa recent activities, ABACUS is accumulating a lot of shares on this.
Naa ba ka past experiences ing-ana nga scenario?

How about sa technical side?

Explain lang nako ni base on market psychology using chart:


What is currently happening right now kang DGTL is a very heavy consolidation (sideways with weak volume). For now ako makita kay some battle or indecisiveness between buyers and sellers. Buyers are waiting to push up the price around 1.59 (support) while the sellers are somewhat pushing down the price every time it touches 1.63 (resistance). Even though 1.59 is acting as major support what is bothersome is the breaking of the trendline (blue line). This may be signaling a possible change in price direction to the bottom. For me the safest way to buy DGTL is upon successful breakout above 1.63. Meaning the price must break this line with strong or above average volume and must stay above this line. Else mahimo na siya as failed breakout similar to the two previous failed attempts. (caveat)

Note: If naa naka good experience on visualizing and understanding the chart behavior then no need to study the behavior of different brokers kay everything is indicated na on the chart. Ang pinaka important lang jud na imo dapat tanawon sa chart is its price and volume behavior. Indicators are just there as a helping tool, but they are not necessary.

[redhorse1L]

Explain lang nako ni base on market psychology using chart:


What is currently happening right now kang DGTL is a very heavy consolidation (sideways with weak volume). For now ako makita kay some battle or indecisiveness between buyers and sellers. Buyers are waiting to push up the price around 1.59 (support) while the sellers are somewhat pushing down the price every time it touches 1.63 (resistance). Even though 1.59 is acting as major support what is bothersome is the breaking of the trendline (blue line). This may be signaling a possible change in price direction to the bottom. For me the safest way to buy DGTL is upon successful breakout above 1.63. Meaning the price must break this line with strong or above average volume and must stay above this line. Else mahimo na siya as failed breakout similar to the two previous failed attempts. (caveat)

Note: If naa naka good experience on visualizing and understanding the chart behavior then no need to study the behavior of different brokers kay everything is indicated na on the chart. Ang pinaka important lang jud na imo dapat tanawon sa chart is its price and volume behavior. Indicators are just there as a helping tool, but they are not necessary.

Thanks boss.
Tan-awon lang nako ni unsay dagan next week.
Akong huna2x man gud, basin kalit2x ug jokey ba, like the previous month.
Mao nang grabe na accumulation sa usa ka broker.

[epgarias]

Thanks boss.
Tan-awon lang nako ni unsay dagan next week.
Akong huna2x man gud, basin kalit2x ug jokey ba, like the previous month.
Mao nang grabe na accumulation sa usa ka broker.

Ok bro.. Good luck sa DGTL..

Try to consider pud diay ang MBT bro.. Something is brewing.. I am planning to BUY this after iyaha correction.. Last week pa unta ko nahan mupalit pero some reliable source informed me that mo naog pa iyaha price.. I will be buying this after siya mo correct..

[MoD]

what do you think of RLC mga bros/sis?



Robinsons builds affordable condo in Ortigas
abs-cbnNEWS.com

Posted at 10/15/2010 4:04 PM | Updated as of 10/15/2010 4:04 PM

MANILA, Philippines - Gokongwei-owned Robinsons Land Corp. is building an affordable twin-tower residential condominium in Ortigas that will target young professionals and start-up families.

Called The Pearl Place, the project will rise on a 3,000-square meter property along Pearl Drive beside the University of Asia and the Pacific.

The 2 towers will offer a total of 1,502 units priced at about P66,000 per square meter.

"It is affordable, having the most competitive price package within its area. The project is also one of the most conveniently located communities in development today," said Robinsons Communities vice president for sales and marketing Rouen Raz.

The Pearl Place, which will feature a modern art deco inspired architectural design, will also offer amenities such as function rooms, swimming pool, lounge, and fitness center.

It will be ready for turnover to buyers by 2014.

[kizj]

@bro Ep...good pick on MBT bro...nag monitor sad ko ani niya (silang duha sa SMPH) bro ug plano sad ko mopalit ani after sya mo correct ...