Sep 17, 2014 - PGOLD, Stock Analysis    No Comments

PGOLD about to test resistance area

The bulls refuse to stay at the bottom as price continue to go up after the Harami formation we saw few weeks ago. But will it be able to break the resistance at 36.42? Previous attempt shows that the resistance is hard to break resulting to a dip that reaches 32.2 per share. As of [...]

Sep 17, 2014 - AP, Stock Analysis    No Comments

Is it going to form a cup?

AP may continue to move up and create a cup with target around 42.5 per share to level with the previous high. Both Ichimoku elements on weekly and daily charts are in bullish position which supports our speculation about the cup. The RSI or Relative Strength Index has just started to enter overbought level but [...]

Sep 16, 2014 - ALI, Stock Analysis    No Comments

ALI hitting support area. Time to bounce?

The Kijun Sen line which act as immediate support for ALI was able to hold the price today. Did ALI hit the bottom today? Aside from the Kijun Sen line, the support slope is also supporting the price not to go down any further. If price will continue to move up tomorrow then we might [...]

Sep 15, 2014 - MEG, Stock Analysis    No Comments

MEG approaching support slope

Looks like MEG is heading for the support slope after it broke the support creted by the Kijun Sen line. MEG fell by 2.9% to close at 4.3 per share. It might end up seeking support near 4.2 per share if bulls can’t control the bears. The Chikou Span line is about to move below [...]

Sep 15, 2014 - LPZ, Stock Analysis    No Comments

LPZ bouncing from Kijun Sen line

LPZ bounced from Kijun Sen line, which acts as support, last Monday. A follow up from the bulls brought LPZ today to 5.79 per share which is 3.2% change from previous price. Will there be more to come for LPZ? Based on previous rise and correction, after LPZ hit the 50% Fibonacci Retracement level it [...]

Sep 14, 2014 - MCP, Stock Analysis    No Comments

Neutral Bullish Signal on MCP

MCP broke from Kijun Sen line which acts as resistance on our weekly chart. Could MCP continue moving up? The breakout from Kijun Sen line is what we called a Neutral Bullish Signal as it happened inside the Kumo or Cloud. Ichimoku elements are still in a bearish setup but Chikou Span is about to [...]

Sep 11, 2014 - IS, Stock Analysis    No Comments


IS is trying to move above 0.23 per share or the 23.6% Fibonacci Retracement level but has been unsuccessful. Will the bulls get tired of pushing the price up? If that will be the case then we might see IS to hit 0.19 per share and since Kijun Sen line is moving horizontally at 0.161 [...]

Sep 11, 2014 - DAVIN (MMI), Stock Analysis    No Comments

DAVIN at support level again. Will it bounce?

Last time we saw how the 78.6% Fibonacci Retracement level act as support for DAVIN and bounced from there. Will it happen again now that the price has come back to that area? Notice that the traders are now in undecisive mood as depicted by the two Doji candlesticks. A bounce from here may test the [...]

Sep 11, 2014 - COSCO (APM), Stock Analysis    No Comments

Bullish One White Soldier

After successive drop, is it time for COSCO to reverse? The stock close by 3.5% to 7.89 per share today and has formed a Bullish One White Soldier. This shows that the bulls are starting to take control over the bears. But notice that we have a resistance at 7.97 per share or 261.8% Fibonacci [...]

Sep 10, 2014 - PGOLD, Stock Analysis    No Comments

PGOLD may hit 261.8% Fibonacci Retracement level

After failing to cross above 161.8% Fibonacci Retracement level, PGOLD may hit and find support at 261.8% Fibonacci Retracement level or around 30.47 per share. Today it fell by 2.9% to close at 32.2 per share. We don’t have a clue from our candlestick for reversal so there is a greater chance it will continue [...]

Sep 10, 2014 - PCOR, Stock Analysis    No Comments

PCOR back to its support area

PCOR is back to support line after it fell by 2.8% today to close at 11.60 per share. Notice that this area has been tested and everytime price enters at this area it bounced back. Will it happen again or will it be a different story this time? Ichimoku elements are still in a bearish [...]

Sep 9, 2014 - CMT, Stock Analysis    No Comments

Dark Cloud Cover on CMT

Dark Cloud Cover on CMT after it drop by 5.7% to close at 2.83 per share. Is this the sign that CMT is going to fall for the rest of the week? The support areas we need to watch are 2.72 and 2.68. If these will be broken then the chance of it to dip [...]

Sep 9, 2014 - CEI, Stock Analysis    No Comments

Will CEI continue to fall?

CEI showed some bullishness within the day but it wasn’t sustained. The strength of the bulls were not enough to make a reversal after yesterday’s fall. Although CEI is still within the bullish area, there is a chance it will continue to correct as price move within an upward channel. The 0.165 where Kijun Sen [...]