Category Archives: EW

Philippine Stock Market – Update on selected stocks 12/01/2017

Philippine Stock Market

2GO – sitting at 61.8% Fibonacci Retracement level but no bullish signal formed yet. A spike up to 19.00 per share may happen due to the flat Kumo pulling the price up but this could be overshadowed with the force

Philippine Stock Market – Update on selected stocks 10/06/2017

Philippine stock market

AC – up by 4.6% last week to close at 1015 per share. There is no bearish signal as of this time but the stock is already overbought so be careful. AGI – sideways with bullish bias ALCO – down

Philippine Stock Market – Update on selected stocks 9/29/2017

Philippine Stock Market

2GO – sideways movement. The 19.13 – 21.90 range is still intact. AGI – bullish sentiment is still intact and a retrace should be a welcome development. ALCO – sideways with bullish bias. It is currently moving inside the Kumo

Philippine Stock Market – Update on selected stocks 9/22/2017

Philippine stock market

2GO – sideways with bullish bias. AC – no bearish signal has been formed yet although RSI or Relative Strength Index is already suggesting the stock is oversold. AGI – toppish at current level. Still maintaining its bullishness but the

Philippine Stock Market – Update on selected stocks 9/8/2017

philippine stock market

2GO – went up by 9.4% to close at 20.90 per share A good bounce from the 50% Fibonacci Retracement level. Kijun Sen line on daily chart was able to pull the price up but is not acting as resistance.

Philippine Stock Market – Update on selected stocks 9/2/2017

Philippine Stock Market

2GO – moving along the support line this week with Kijun Sen line protecting the price movement. A spike may occur this week. Test buy near support but be careful, next support is quite deep in case it will turn

Philippine Stock Market – Update on selected stocks 8/25/2017

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2GO – currently sitting on support line both on weekly and daily chart. Will there be a spike of this stock this week? AGI – sideways with bearish bias. Bulls are having difficulty breaking the resistance created by the cloud

Philippine Stock Market – Update on selected stocks 8/11/2017

philippine stock market

2GO – a spike may occur but the stock is bearish in short term as of this time. AC – sideways with bearish bias. AGI – bearish signal seen last week after it dropped by 4.8% to close at 13.52

Philippine Stock Market – Update on selected stocks 7/28/2017

Philippine Stock Market

2GO – sideways movement is seen this week with bullish bias. The bias comes from the daily chart after it broke the downward channel. AGI – tried to break the Kumo for the last 2 days last week but failed.

Philippine Stock Market – Update on selected stocks 7/7/2017

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AC – showed bullish signal last Friday after it pierced through the Kumo and Kijun Sen line. This movement denotes that bears are currently in control. New support will be the Kumo and the KSL while resistances at 880 and

Philippine Stock Market – Update on selected stocks 6/30/2017

Philippine Stock Market

AGI – sideways within the bounds of the Kumo while the price is inside it. No significant bullish or bearish candlestick formation. ALCO – went up by 4.5% last Friday and touched the Kijun Sen line at 1.22 per share

Philippine Stock Market – Update on selected stocks 6/16/2017

Philippine Stock Market

2GO – it was able to bounce from the Kijun Sen line last Wednesday but it seems it is only creating a lower high. Bearish sentiment is still in the atmosphere. Support is still at the Kijun Sen line at

Philippine Stock Market – Update on selected stocks 6/9/2017

Philippine stock market

ALI – weekly chart shows no bearish sentiment as of this time which means price may continue to go up this week although with a bit of reservation following the two last Doji candlesticks last week ANI – this stock

Philippine Stock Market – Update on selected stocks 5/26/2017

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ACR – may continue to move up and satisfy its potential reversal zone at 1.7x per share which corresponds to 161.8% Fibonacci Retracement level. AGI – pierced through Kumo signaling a bullish sentiment on weekly chart. It could form a

Philippine Stock Market – Update on selected stocks 5/5/2017

Philippine Stock Market

2GO – showing bearish sentiment last Friday after it went up to 18.60 per share and drop to close at 16.20 per share. RSI or Relative Strength Index is also high at 92.8 on weekly chart. ALI – showing bullish

Philippine Stock Market – Update on selected stocks 3/10/2017

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ALCO – went up by 7.1% last Friday but weekly chart shows indecisive sentiment between bears and bulls. If this will be confirmed, then price will move down but because of last Friday’s movement, there is a greater chance it

Philippine Stock Market – Update on selected stocks 2/24/2017

philippine stock market

ALI – tried to break from consolidation area but wasn’t able to sustain its rally after it hit as high as 37.95 per share. Price went back near its previous close. The support level at 34.68 per share may be

Philippine Stock Market – Update on selected stocks 1/27/2017

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ALCO – still consolidating inside the triangle with no clear direction where to break but if you based it on its RSI or Relative Strength Index, it is now overbought. Consolidation makes its RSI to loosen a bit before it

Philippine Stock Market – Update on selected stocks 1/6/2017

Binary Options

ALI – up by 7.8% last week but slowed down last Friday as it reached the resistance area. Senkou Span of the Kumo resists the price from continuing its upward trend. Will it be broken this week or it will

Philippine Stock Market – Update on selected stocks 12/02/2016

Binary Options

AGI – sideways with the tendency to create a spike up to 14.52 per share but so far the stock is bearish so don’t dwell on the stock for too long. ALI – trying to break from the resistance but