Category Archives: APC

Philippine Stock Market – Update on selected stocks 6/24/2016

Philippine stock market

ACR – bearish signal spotted after it broke from the Kijun Sen line last Friday but it was able to hang on to its support slope. In case we will see a bullish candlestick pattern, it will bounce and continue

Philippine Stock Market – Update on selected stocks 6/17/2016

Philippine stock market

ALI – doesn’t show any bearish sentiment at the moment. Price may continue to move up with resistance at 39 per share followed by 41 per share. ANI – weak bullish signal is still there for ANI with support at

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

Will it break the 78.6% Fibonacci Retracement level?

Support of APC is still protecting the price not to go down further. Aside from the 78.6% Fibonacci Retracement level, we have the Kumo that is supporting it. But if this two will be broken then we will see APC

About to finish consolidation phase?

Looks like APC is about to end its consolidation phase and players may soon decide a trend. What we are looking right now is an Ascending Triangle formation which is a “bullish formation that usually forms during an uptrend as

Is this time to break the triangle?

After APC broke from the channel we drew last time, it is now forming a triangle where price is currently at the resistance slope. If this will be able to break from the current pattern then we might see APC

Did it hit the bottom at 61.8% Fibonacci Retracement level?

APC bounced today after hitting the 61.8% Fibonacci Retracement level last week. Is this the start of another climb for this stock after the dip? Looking at the Ichimoku elements we could say that this stock is in an upward