Trader's Logbook

PXP (PHILEX PETROLEUM CORPORATION) Price has broken out two days ago but with the volume constantly going up, I think this stock will still give us a good gain in short-term. Price is also playing above 30-day SMA which I personally like. Puts me at a comfortable level. Rumor JV with OV might fuel this [...]

8:55 A good chance to observe (my first time) what will happen on the day or after the giving of stock dividend on a blue chip company like SMPH. Good luck to all holders. 9:20 Projected opening of SMPH is at 13.48 Will it hold? 9:30 SMPH opened at 13.18 AAA is up 9:44 My [...]

A doji which is a trend reversal indicator can be seen on yesterday’s chart of OV. Although it has broken from the triangle with a good volume, yesterday’s volume is significantly lower than the previous. Are we going to see a price dip or it will continue to rally? Current price of Oil in the [...]

A medium reliability bearish reversal pattern for DFNN can be seen on today’s chart. This bearish engulfing pattern may be a signal for us to stay away first. We have seen a 3-day uptrend of DFNN and might be time for correction. A confirmation tomorrow is required to be sure that the uptrend has reversed. [...]

This company will be giving 25% stock dividend and 0.29 cash per share. Are we going to see a rally tomorrow or a big dip? This is a good opportunity to watch how stock price moves during the giving of dividends. Basing on the chart, it seems that we have waves 1 and 2 formation. [...]

# Stock Code Last Change %Change Value 1 MIHB 1.8200 0.1700 10.30% 18,500 2 GREEN 0.0140 0.0010 7.69% 167,500 3 H2O 2.8000 0.2000 7.69% 6,137,350 4 TBGI 2.7000 0.1700 6.72% 16,160 5 PA 0.0480 0.0030 6.67% 96,000 6 I 2.5000 0.1400 5.93% 325,600 7 VUL 0.9500 0.0500 5.56% 109,080 8 TDY 4.4100 0.2100 5.00% 55,759,210 [...]

9:19 Getting ready for the day. This is my 2nd day to entirely use the new COL site using Chrome. Still trying to familiarize around the house. 9:30 CAL gaps up a little at the opening but with big volume. DFNN just got 1 trade. VLL is down. SMPH is down. 9:41 CAL went down [...]

MA (MANILA MINING CORPORATION `A`) Could this be a perfect setup for the Cupa and Handle? A break out from the handle coupled with a good volume will surely confirm the bullish trend of this stock. Caveat!

DFNN (DFNN, INC.) This stock has already broken out from the flag formation last week. Today it continue to move up. Will there be another rally tomorrow? Volume is not so impressive. Maybe the jockey is still busy pumping up Calata price? Supports at 6.69 and and 6.53 while resistance at 6.98 and 7.11

Calata opened with a small gap up but closed 23.62% to 12.30 A breakout from the falling wedge with a good volume. Are you going to join the train or be left behind? Is it going to continue to go north? Without the rumored investigation, I think it will have a good rally tomorrow. Caveat [...]

9:18 12 minutes to go before the bell rings. I will be watching AAA, VLL, VITA and DFNN. Maybe CAL too. I don’t like the new citisec but what can I do? I have to adopt to this update. 9:36 I will try to sell my LC at 1.40 I am going to add DFNN [...]

OV (THE PHILODRIL CORPORATION) is on consolidation and might breakout from the trend going up. We just need a good volume for this to breakout. But be careful in a symmetrical triangle, the price can also breakout towards south.

Looks like it is about to form a falling wedge basing on the chart. This might take a few days for the price to breakout. But if its tomorrow, then I will be very glad.  

# Stock Code Last Change %Change Value 1 TOL 7.0000 0.9000 14.75% 43,400 2 EVER 0.1750 0.0200 12.90% 1,750 3 SGP 500.0000 55.0000 12.36% 10,000 4 EG 0.0450 0.0030 7.14% 44,645,300 5 PERC 6.3000 0.4000 6.78% 630 6 DFNN 6.6500 0.4000 6.40% 5,488,345 7 CDC 1.2300 0.0700 6.03% 1,230 8 UPM 0.0180 0.0010 5.88% 3,701,800 [...]

Speculative play for tomorrow. Bullish Inverted Hammer is seen on the chart. Although the reliability of this formation is low in terms of trend reversal, I will be more bullish about this stock if there will be a big gap up tomorrow at the opening. Without that, it will be just another false bullish signal.

The candlestick that was formed last Friday is very interesting. Since the opening is equal to the closing price, it formed a doji. Dojis are patterns that means there is a reverse in trend and since the doji is found at the bottom of the downtrend, it means it will reverse its course going north [...]

There is a buzz that JTH might be a good stock to watch next week. It might but I think not on Monday. Basing on the chart, this stock is forming a Bearish Meeting Lines. Nag gap up siya at the opening but closes unchanged. The downtrend will be confirmed if the price will gap [...]

9:30 My COL is not working! Damn CAL opened 10.20 a gap up. Now lets wait for the close if it will be red then confirmed bearish. 9:45 Bought some CAL shares at 10! 9:50 Sold all my shares at 11.22 Damn I am nervous! 10:19 CAL is now at 10.34 10:32 I posted a [...]

For the past few days Calata was in a bull mood until today when the bears gained strength, more noticeable in the afternoon with a very strong sell-off. Today’s volume is also very heavy which makes the uptrend reversal more possible to take place. Although we only need one green candle that is engulfed by [...]