@makie29 noted sir, i'll find time. salamat![]()
TFHI may trade the 155 - 140 range after successive climb. Notice that the support line has been tested before and may be tested again as price continue to move downwards. If there will be a bullish candlestick formation around the support level then that would ba a good chance to buy shares but absence of such is not good. Observe that on our weekly chart, Kijun Sen line may pull the price to a big dip
RSI or Relative Strength Index is at 52.3
Caveat!
TOP FRONTIER INVESTMENT HOLDINGS, INC
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@makie29 sir makoy naai FB bisaya stock group?
Mga sirs.. Interested ko kaning stock market pero newbie pa kaayo ko. Unsaon man nako pag apas ninyo. Naa ba tay series of lessons na pwede nako I take para sabay2 sad ko. Kay taas naman kaayo ayo thread diri gud.. TIA sirs
Yes, actually the FB link that I posted is a group of traders based in Cebu.
We meet regularly. Feel free to join the group.
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WEALTH Club Stock Market.
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For everybody's convenience, here's the link to our FB group: https://www.facebook.com/groups/wealthclubstockmarket/
Poll:
What do you guys think? Will we be able to reach 7,800 by the end of 2015? Lol. As per COL's report
or just double top at the most at 7,400?
Projections are just projections. Only time will tell.
Both 7,800 and the double top are possible.
Just be vigilant. Such projection doesn't include events that may happen in the future.
What if tension in Iraq escalates? If tension in Gaza and Ukraine won't be resolved fast? What if a new conflict will arise?
Locally, what if investors will backout because of the DAP issue (which is seen to reduce government spending)?
Things like that. Good though if things will work out so well in the next few months.
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Update:
USA did airstrikes for the third consecutive day in Iraq, a move which is expected that markets won't take optimistically.
Tensions in Gaza and Ukraine are cooling off. Hopefully this will lead to peace.
Markets though are expected to be weak, uncertain at best because of the escalating tension in Iraq.
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