Trader's Logbook

Breakaway gap is best supported if we can see a chart pattern before the actual breakout. In case of GMA7 its looks like there is a symmetrical triangle but its not 100% accurate. There are guidelines to follow when drawing a symmetrical triangle and in this case it SOMEWHAT fits. Still, I would say there [...]

Why my outlook for PXP is still bullish comes from my conviction that this stock is not yet done. I was even expecting a correction to reach around 42-43 but its price is still holding at 46-47 level. Basin from my chart for the past days, technically PXP can reach up to 60+ level. Unless [...]

After going up early this year above 20%, it went down to 11% YTD but FAMI SALEF is making a comeback! It is now at 17% YTD

For those who want to start the stock market but is cautious and want to be as conservative as possible, this list is for you. From Citiseconline, you can find recommended companies to buy stocks from. There are different sectors you can choose from like Banks & Financials, Commercial & Industrial, Conglomerates, Consumer, Telecoms and [...]

# Stk Code Last   Change %Change Volume 1 JOH 2.9500 0.4500 18.00% 1,000 2 ISM 3.0700 0.4200 15.85% 558,000 3 MIHB 2.5500 0.3200 14.35% 10,000 4 RFM 3.5800 0.3500 10.84% 15,231,000 5 HP 2.0700 0.2000 10.70% 74,000 6 2GO 1.9400 0.1800 10.23% 2,000 7 LR 8.2600 0.7600 10.13% 22,643,000 8 PA 0.0570 0.0050 9.62% [...]

Glad that DOW did not dip that much. But how will this translate to our market later? Your guess is as good as mine. Take risk my friends, you will be rewarded!   8:55 PXP and BLOOM may go down today. 9:30 PXP and BLOOM gaps up a little. Was it luck that my sell [...]

DFNN – DFNN, INC. This is for future play at least we will try to watch at what point we can get some gains for this. I will try to implement the Elliot Wave by starting at June 6. The first wave finishes June 18 when we had a hanging man (not by the book [...]

There was a gap up atthe opening and closed to form a doji, typical indicator that bears overrun bulls. A gap down or red close tomorrow will confirm the trend reversal. PD: no SPC

PXP – PHILEX PETROLEUM CORPORATION Was bearish this morning but bulls was trying to catch up during the afternoon session. It went down to as low as 43.80 but was able to bring the price to a green territory 47.5 For me, the last few minutes of the market is a bit bearish that is [...]

# Stk Code Last   Change %Change Volume 1 RCI 2.2500 0.7400 49.01% 44,000 2 ATI 10.6800 1.9300 22.06% 67,500 3 PRMX 2.8800 0.4800 20.00% 1,000 4 EURO 2.0900 0.2800 15.47% 31,000 5 FMIC 80.0000 8.0000 11.11% 1,330 6 MHC 0.4500 0.0400 9.76% 710,000 7 MIC 5.4000 0.4700 9.53% 750,000 8 UNI 0.2290 0.0190 9.05% [...]

9:30 BLOOM went up to 9.5 but PXP went down at 45 level now 9:36 PXP pullback but Im not selling. 9:44 PXP went as low as 44.8 now back at 45. Bloom from as high as 9.5, it went down to 9.37 9:51 PXP back again at 44.8 Bloom back also at 9.29 9:59 [...]

PAX – PAXYS, INC. I nearly thought my post buy at 3.10 will not be hit. We saw a strong open with the price gapping up from the previous close. The surge happened few minutes (hour?) until the rally was disrupted. Price begun to go south and closes in red. Basing on the candlestick, it [...]

PXP – PHILEX PETROLEUM CORPORATION Has been bullish today and finally broken from ascending triangle. Now that it is in unprecedented level, its price can shoot up to anywhere. Technically speaking, PXP can still go up around 60-65 pesos but this is not going to be a straight line. The once resistance at around 43 [...]

# Stk Code Last   Change %Change Volume 1 SPC 7.1000 1.6000 29.09% 618,500 2 CAT 17.0000 3.3800 24.82% 24,600 3 LR 7.9700 1.3800 20.94% 24,323,600 4 BMM 61.0000 8.7000 16.63% 700 5 FPI 0.2250 0.0250 12.50% 150,000 6 FFI 10.6000 1.0000 10.42% 12,300 7 PXP 47.0000 3.8500 8.92% 2,446,400 8 PSE 380.0000 29.0000 8.26% [...]

9:30 PXP opens strong at 44 and is now 44.20 Posting PAX at 3.11 9:39 Bloom is about to move. 1% gain so far PXP having a hard time breaking 44.2 9:46 Bloom still on the same price. PXP still trying to break 44.2 My PAX isn’t hit yet. 9:48 PAX got hit. 9:59 PXP [...]

PAX – PAXYS, INC. Pax is good. I don’t see any reversal indicator so basin abot ug langit? hehehehe. I think abot pa Thursday ang duwa sa PAX. Why Thursday because ang news about sa tender is rumor pa? If wala confirmation for sure traders will take profit on Friday so unahan nlang daan LOL. [...]

Speculative play for tomorrow. The candlestick of VITA today seems to suggest that a reversal is nearing. All we need is a confirmation by gap up with big volume for this stock to go north. June 22′s gravestone doji was not an authentic because it doesn’t come from a downtrend. Doji doesn’t really mean that [...]

# Stk Code Last   Change %Change Volume 1 MJIC 7.0000 1.8000 34.62% 348,300 2 MJC 2.5900 0.3900 17.73% 3,456,000 3 FJP 2.7400 0.2400 9.60% 21,000 4 ATN 2.5800 0.1900 7.95% 1,748,000 5 BRN 2.7800 0.1800 6.92% 428,000 6 PAX 3.0700 0.1900 6.60% 5,081,000 7 PO 4.4400 0.2600 6.22% 2,068,000 8 PXP 43.1500 2.4500 6.02% [...]

BLOOMBERRY RESORTS CORPORATION Too hard to read the chart of BLOOM but there seems to be a lot of buzz recently about this company. Bloomberry mulls over casinos overseas Bloomberry Resorts Corp. is looking at opportunities in Macau and other countries to increase its presence in the gaming and entertainment industry globally, an official said [...]

9:04 With only OIL up by almost a negligible amount and still below 80, how will this affect our stock market? Are we going to see blood on the street with blue chips on the lead? Or we will see a surprise from a certain stock that will shoot up north? 9:22 Early post for [...]