Jan 28, 2015 - PX, Stock Analysis    No Comments

PX touching Kijun Sen line

PX found support at Kijun Sen line but is it strong enough to become a springboard for bounce? Based on Ichimoku system, weak bullish signals are still there for PX and buying near support lines could be rewarding. Next support is at 8.35 per share or 61.8% Fibonacci Retracement level while Kumo is our current [...]

Jan 28, 2015 - PSPC, Stock Analysis    No Comments

PSPC needs to stay above Kijun Sen line

PSPC wasn’t able to break the Kijun Sen line that acts as resistance to PSPC’s rise. This line is still moving horizontally and could still attract the price and the pressure is great for the bulls to be able to break and stay above that line. This is because we have a bullish candlestick pattern [...]

Jan 28, 2015 - ORE, Stock Analysis    No Comments

Kumo or the slope?

Did ORE hit the bottom yesterday? Based on our chart, ORE touched the Kumo yesterday and then bounced by 2.8% at the closing today. Will it continue to rise or a possible touch down at the support slope will still happen before the reversal? I think it wouldn’t hurt that much if some did a [...]

Jan 28, 2015 - MARC, Stock Analysis    No Comments

Will it be able to come back?

MARC has been moving down since we saw the Doji candlestick last December. The 78.6% Fibonacci Retracement level was broken yesterday and the bulls weren’t successful bringing the price up above that line. With today’s hammer candlestick pattern, there is a chance it can come back. Chikou Span is not yet flashing a red light [...]

Jan 26, 2015 - BLOOM, Stock Analysis    No Comments

BLOOM to challenge its previous resistance

BLOOM is again going up and about to challenge its previous resistance. Will it be able to break it this time? We could see a few weak bullish signals. First we had the Kijun Sen Cross yesterday and we have Tenkan Sen / Kijun Sen line Cross. Now Chikou Span is also showing green signal. [...]

Jan 21, 2015 - DAVIN (MMI), Stock Analysis    No Comments

DAVIN reached the upper limit and retraced

Last week we saw DAVIN moving towards resistance slope and has so far able to hit the slope and is now retracing. Will it be retrace and touch the support slope? As of now the Kijun Sen line and Tenkan Sen line has been supporting the price but if price will breakdown from this support then [...]

Jan 21, 2015 - IS, Stock Analysis    No Comments

Will Kijun Sen be able to pull the price?

IS is still clinging to that resistance slope while Kijun Sen line is trying to pull the price up at 0.455 but our days are number since this line is about to bend in few days. Will there be enough time for the bulls to touch the Kijun Sen line or bears will control the [...]

Jan 21, 2015 - AR, Stock Analysis    No Comments

Reversal or just spike?

We’ve seen the spike today but the Kijun Sen line has already bent so there is not much reason for it to climb but the flat Senkou Span of our Kumo. If it will hit the Kumo and stay above the Senkou Span then we can say it has reversed. Otherwise, it will continue to descend. [...]

Jan 18, 2015 - PGOLD, Stock Analysis    No Comments

More green lights to turn on soon?

PGOLD retraced last week and formed a bearish candlestick last Wednesday but will it be confirmed? Based on weekly chart we have a support at 42 and we don’t have bearish signal as of this time on our weekly chart. This suggests that bulls are still in control and may continue to push the price [...]

Jan 18, 2015 - LTG (TDY), Stock Analysis    No Comments

Kijun Sen line still waiting

Weekly chart: LTG continues to move up closing 3% to 13.8 per share last week. The Kijun Sen line is still moving horizontally at 14.65 based on weekly chart and may continue to do so for few more weeks. This means there is still chance that price will hit that level. There is also a [...]

Jan 18, 2015 - HOUSE, Stock Analysis    No Comments

What’s next after the spike?

Daily chart: We ask Will there be a spike? on HOUSE last January 8 and so far Kijun Sen line was able to pull the price up even surpassing that line and Senkou Span B of the Kumo. The flat section of the Kumo is now our immediate support. Could this be the reversal HOUSE holders [...]

Jan 18, 2015 - APC, Stock Analysis    No Comments

Will it touch the Kijun Sen line?

Weekly chart: Support at 78.6% Fibonacci Retracement level has been strong for this stock. Is this the bottom already? While Kijun Sen line is going horizontally for few weeks more, price may spike and hit around 0.89 per share. Immediate resistance is at 0.78 per share where 61.8.% Fibonacci Retracement level is also waiting. RSI [...]

Jan 13, 2015 - PGOLD, Stock Analysis    No Comments

PGOLD at 43

PGOLD shows no bearish sentiment as it went up today by 2.4% to reach the 43 level instead of respecting its reversal point. Immediate support will be our 127.2% Fibonacci Retracement level while resistance can be seen at 43.78 per share. Ichimoku elements are still in bullish setup which means any retrace is an opportunity. [...]

Jan 13, 2015 - LTG (TDY), Stock Analysis    No Comments

Green lights for LTG

Last time we saw LTG we are expecting green lights to turn on. We have Chikou Span move above the price and Tenkan Sen line could possibly cross the Kijun Sen line tomorrow. The Kumo or Cloud will act as immediate resistance for LTG but the flat Senkou Span B will try to pull the [...]

Jan 11, 2015 - MAXS, Stock Analysis    No Comments

MAXS closing in on Kijun Sen line after few weeks

Last Dec 21, 2014 we saw a promising rise of MAXS towards its Kejun Sen line Now at 27.3 per share, it is just a few pesos away towards 29.4 per share (see weekly chart). Those still holding this stock may continue to hold it since we don’t see any bearish candlestick formation yet. But expect [...]