Trader's Logbook

CAL continued to rally today with a good volume. Prompted me to buy but sell on the same day. I still don’t believe on this stock for now so better to get out before the sun sets. Looking at the chart I think it is very important for CAL to break the current resistance because [...]

The rally of CAL may just be the same story we heard time and time again. The price movement since few trading days ago formed a rectangle. Today, price came from the support line and went up to the resistance line. We have seen this rally last December 19 but it declined back to support [...]

Looks like we now have a sign of disparity on CAL‘s health. After going south for many days, today we found a green candlestick and price advances by 7%. The pattern formed by the candlesticks is what we called a Tweezer bottoms. Is this the light at the end of the tunnel for those who [...]

A total decline of 16.44% last week and RSI or Relative Strength Index at 16 for this stock. Looks like the stock that is favorite to most traders are now in a bad shape. Current price at 4.88 a share is way below the IPO price of 7.5 When will this rebound? Based on current [...]

Gravestone Doji at the support line for CAL. Will there be a technical rebound soon? Will it still reach 5.8 level before reversal or it won’t wait? CAL is characterized by a downtrend and our last two candlesticks formed a gravestone doji which suggests bears are now tired defending its ground and time for bulls [...]

I was expecting a spike on CAL after DOW went down big time. This stock has the characteristic of going up when most are going down. CAL rallied but because of some developments on other stocks like APM traders left CAL and went to another stock. Of course there is no technical about that LOL. [...]

We haven’t heard of CAL (CALATA) for quite sometime now as its price plunges and consolidate below IPO price. Currently it is trading at 5.99 a share. CAL’s first ASM will be held next week. Will there be a play for this stock? Or the usual stuck stock? If there will be some movement beyond [...]

Watch out for CALATA. How long will it consolidate? Nieves lay low today but price did not went that low and price is unchanged at the closing.

Two days in a row CAL tried to break from the triangle but failed. Up projection is still intact and it may try to do a breakout tomorrow. Or will it break its support instead? Tomorrows resistance at 10.11 and 10.49 Support at 9.54 and 9.35

Cal went up yesterday but I think it is still within the consolidation mode range. Maybe the spike was bought by the news about the CAL board meeting. They will have their first ASM on August 31. No significant candlestick or pattern I could see on CAL so I think it is still doing some [...]

Calata For the past 3 days Calata always closes below the opening price but not on the fourth day. Its almost a doji but it closes above the opening. What does this mean? Does it mean there will be a reversal on Monday? An uptrend that everyone is waiting for especially the ipits? Another good [...]

CAL (CALATA) has been down for 3 consecutive now and no sign of a rebound yet. Did the campers eventually abandon this stock? I think nobody has been catching falling kNIEVES this time. For the meantime forget about CAL and go somewhere else. This stock is not good for your heart. For the TA, I [...]

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 [...]

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.  

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 [...]

My analysis on CAL is very speculative because there is no significant pattern that I can see on the daily chart. Basing on the 30-minute chart we could see a pattern that has been formed for the past 3 days. Last Friday and Monday, the opening is soft, then taking up some volume on mid [...]

Today I experience seeing a stock hits the floor. No other than my used to be favorite CALATA (CAL). Cal went down to 46% virtually a flooring (50%). Some ask the question like can Cal still recover? Actually, it is not losing because it opened at 7.5 so basically it is only the traders that [...]

Today’s trading was an action packed one. Price for Calata nose dived by more than 30% from 22 to 14 pesos a share. Sign of people in panic. Glad the jockey was in control after few minutes. I was glad I was able to sell my shares during the dip in tranches at 22.6, 21.95 [...]

Another good run for CALATA. Actually the best so far with 22% gain just for today. 5M volume unserved on the bid side. Bigger than yesterday by a million. Traded volume has also increase by a million Calata which has a price of 7.5 on the opening day is now trading at 13.94! Almost 100% [...]