Trader's Logbook

CPG has been in an uptrend for quite sometime now and although it had some headwinds like the one we saw last week, still the bullish trend is intact. But what about this week? Are we going to see some corrections. The last two candlesticks on our daily chart shows a basic star formation. Although [...]

After so many fake moves and attempts to rise from the ground, CPG finally rallied and broke some major resistances along the way. This is following the buy back news from CPG‘s camp. As of this time, weekly and daily charts doesn’t have any bearish signal so this might continue to rise this week and [...]

CPG has been going down but we may see a rebound soon. I may go up just within its consolidation area as it now is at its bottom. Our candlestick today suggests we are now in an indecisive mood which may translate to reversal. Also price is at its support. Should it move the same [...]

Looks like CPG will not take the usual route this time. After having a Shooting Star yesterday, we have a green candlestick today with a better volume than yesterday. Is this the time we have been waiting for? Buy signal on MACD and RSI still on a good level. 1.50 might be a good price [...]

After just a few days of rallying, CPG looks exhausted already and might give in to the bears. The price action today suggests there were a lot of traders wanted to get out. Maybe they are the old ipits? Were there new ones? Be careful with the Shooting Star. If price will gap down or [...]

Looks like a red alert (again) for CPG as it break the support. This may go further down but may also give traders a window to get out. Candlestick doesn’t suggest a bullish reversal signal. Volume is declining. Although RSI is still in a good level, it seems buyers’ interest have gone again. Caveat!

CPG is still withing the bounds of the ascending triangle (a continuation pattern). It may take a few more days before we will know where this will be heading. The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal [...]

Looking at the chart it seems CPG will attempt to break the resistance soon. We have a relatively large green candlestick with buy signal on MACD. RSI not still in good level below 70. Volume increases from the previous day. Last Friday, the candlestick was touching the inclined line of the triangle threatening to break [...]

Maybe a break from Ascending Triangle soon? But watch out, downtrend bias is very strong. The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless [...]

CPG as always, disappoints a lot of traders. After it went up a couple of days ago with good volume, the bullish sentiment is already diminishing. From the look of its diminishing volume pattern it only means one thing: traders are not interested on this stock at the moment. How many fake moves should we [...]

CPG (CENTURY PROPERTIES GROUP INC.) at the last few minutes doesn’t want to get lower than 1.50 Majority of the time it traded in red but bulls was able to bring the price up from the low of 1.46 The question will be: will there still bulls remaining for tomorrow? Bulls always shy away after [...]

CPG wasn’t able to do an impressive follow up from yesterday’s good rally. Although it closes in green, its not that impressive. With volume comparatively very small than the previous, what would be the price tomorrow? Also we see a Hanging Man candlestick. Is CPG done with the rally? Going back to its cave now? [...]

CPG (CENTURY PROPERTIES GROUP INC.) had a good run today. Volume has gone up significantly and so was the price. It hit high at 1.57 and settled for 1.54 which is still impressive. The question is: is this for real now? Or it is just the same old false breakout? Technically, CPG broke out from [...]

One thing I like about CPG is its consitency and master of faking LOL. It seems the breakout last week is another fake breakout. From the Hanging Man on the previous trade, now we are seeing a long red candlestick. This might not be a good time for CPG traders. But if you believe on [...]

Has CPG finished its rally? Last Friday’s candlestick formed a Hanging Man. A candlestick like this at the top of the uptrend might mean a trend reversal. So what is a Hanging Man? The Hanging Man is a bearish reversal pattern. It signals a market top or a resistance level. Since it is seen at the [...]

CPG was able to hold its price outside the 1.4 level. Is this enough for us to see the bullish sentiment for this stock? Volume is picking up but I will wait for a bigger volume before getting in. I remember last time it also went above 1.5 only to dismay traders as it went [...]

The news about “CPG H1 net income grows 91% to P944M on strong sales performance of projects” may have pushed the price up but will it be able to sustain? Basing on the trade today, it seems that there are a lot of sellers than buyers with a 1,205,000 volume waiting at the 1.50 level [...]

CPG’s second attempt to breakout from the triangle. Its previous attempt was last July 13 when it close 4.86% to 1.51 Today it close 3.45% to 1.50 Comparing the volume of the two breakouts, today is 2 times higher. Prepare for take off.. if it will

Another false breakout by CPG when last Friday it broke from the triangle but the rally wasn’t sustained. We should have seen better volume to support previous day’s rally but that didn’t happen. Lets wait for another Century!

For few weeks CPG has been consolidating at 1.4 price range even with so many good news. Even the visit of the son of Trump did not excite our traders. But somehow last Friday we saw a spike from its usual price. There were 2 occurences (if I am right) during consolidation that its price [...]