May 26, 2015 - FED, Stock Analysis    No Comments

Going towards 161.8% Fibonacci Retracement level?

After trying to be pulled by the Kijun Sen line, it has lost time and KSL bent downwards. Looks like FED is heading towards 161.8% Fibonacci Retracement level which is around 11.72 per share. As of now we don’t see any bullish candlestick setup so the tendency for it to continue moving down is high. [...]

May 26, 2015 - ALI, Stock Analysis    No Comments

Will it retest 41?

ALI went up by 1.6% to close at 40.30 per share. Notice that on its previous price movement, ALI bounce after touching the support slope. Looks like it is doing the same this time? If price will continue to move up then it will retest the resistance at 41.x Ichimoku elements are telling us the [...]

May 26, 2015 - Stock Analysis    No Comments

Philippine Stock Market May 26, 2015 Top Gainers/Losers

Philippine Stock Exchange Index or PSEi is down by 33.03 to close at 7,728.50 Most active stocks by value are GTCAP, MEG, MBT, GLO, URC, EMP, SMPH, BDO, ICT and MER Check the top gainers and top losers of today’s market # Stock Code Last Change %Change Value 1 ANI 1.5800 0.1800 12.86% 96,750 2 [...]

May 24, 2015 - PGOLD, Stock Analysis    2 Comments

Anybody’s ballgame

PGOLD continue to move inside the triangle. This time it is at the support area. Will it bounce like last time or it will break the support? PGOLD has only one bullish signal and it is weak but it would be a good try to test buy near support and see what will happen this [...]

May 24, 2015 - FNI, Stock Analysis    No Comments

FNI close at 1.58 per share. Will it reverse?

FNI registered a new low at 1.58 per share. Bulls are nowhere to be found when the price went down by 3.1% last Friday. Will it continue to move down or its ripe to reverse? Based on Ichimoku system all elements are in bearish position thus the overall sentiment is bearish but if we will [...]

May 24, 2015 - CAL, Stock Analysis    No Comments

Good bounce after hitting Kijun Sen line

Weekly chart shows CAL made a good bounce after hitting around 4.0 per share where the Kijun Sen line is. Daily chart shows no bearish signal for CAL yet. This means it could continue to move up but monitor the price movement especially once it hits around 4.81 per share or 78.6% Fibonacci Retracement level. [...]

May 24, 2015 - BLOOM, Stock Analysis    No Comments

Is it going to break the support?

Weekly chart: shows that the support at 78.6% Fibonacci Retracement level is holding so far. Bloom went down as low as 9.56 but was able to close at 9.90 per share which is just within the support area. Will the bulls be able to bring the price up towards 11.16 per share or it will [...]

May 24, 2015 - POPI, Stock Analysis    No Comments

POPI: Weak bearish signals found

Weekly chart: POPI broke the 0.95 per share support as well as the 50% Fibonacci Retracement level. Next support will be 0.88 per share. Will it bounce from there or another breakdown will happen? Daily chart: no bullish reversal pattern yet. Both daily and weekly registered a weak bearish signal via Kijun Sen Cross. Other [...]

May 18, 2015 - AGI, ALI, DNL, JFC, LR, LRW, PGOLD, Stock Analysis    1 Comment

Update on selected stocks 05/18/2015

AGI – a good bounce from the support level. Harami candlestick formation is followed by a green candlestick which suggests that the bulls are currently in control ALI – is currently at the resistance level. Strong headwind may be felt but bullish sentiment is strong based on Ichimoku system. BDO – hits the Kumo or [...]

May 17, 2015 - DNL, Stock Analysis    No Comments

Moving Sideways?

DNL may move sideways with 19.96 – 21.57 range. At this point it is at the lower range which could mean we will see green DNL until it will reach near the resistance level. Ichimoku elements are still in a bullish setup so any dip is an opportunity to buy. Another support levels are 19.72 [...]

May 17, 2015 - AGI, Stock Analysis    No Comments

Bullish Harami on AGI

Looks like 24 is a strong support for AGI. Last Friday it went up by 1.5% and showing some bullishness as it form a Bullish Harami. Will it bounce? A spike may happen but it may be short-lived. Notice that Ichimoku elements are still in a bearish setup so once it hits resistance level after [...]

May 13, 2015 - PLC, Stock Analysis    No Comments

PLC heading towards resistance slope?

After PLC hover the support slope it went up and pierced the Kumo. This is a bullish signal and with the upward channel we drew last time, looks like PLC is heading towards the resistance slop. Ichimoku system suggests that PLC is bullish in short term. Looking at the weekly chart, we could see a possible [...]

May 13, 2015 - JFC, Stock Analysis    No Comments

JFC still within the channel

JFC continue to move inside the downward channel and towards the resistance slope. It met some headwinds this week but so far managed to stay above Kijun Sen line. Will it retrace after it will hit the resistance slope? Ichimoku system suggests that JFC is still bearish on short term so be careful when it hit [...]

May 12, 2015 - BLOOM, Stock Analysis    No Comments

Heading towards 13?

BLOOM went up by 4.3% today to close at 12.20 per share. Looks like it is heading towards 13 which we have seen last time (Will it break the resistance this time?). Daily chart suggests that BLOOM is more bullish based on Ichimoku system. Support is at 12 in case it will retrace. Relative Strength [...]

May 10, 2015 - PLC, Stock Analysis    No Comments

PLC near support slope

PLC is going back to its support slope. Will there be a bounce after touching that line? The power of Kijun Sen line on daily chart is pulling the price down at 1.56 per share while weekly chart has the Kijun Sen line at 1.84 per share. Test buy near 1.56 or support slope Relative [...]