Trader's Logbook

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 [...]

Everyone noticed a spark on CPG’s price last Friday. It closes 1.5 but zoom to 1.59 mid-day. If we look at the volume, it is surprisingly very big with 73M traded volume. Was there any news that triggered this price to spark? Last May 15, CPG’s reports a triple Q1 income. Is it the late [...]

DIZ held a special stockholder meeting, approving the ff notable changes: 1. Change of corporate name to “Jinhao Mineral Resources” 2. Hike in authorized capital to P1B divided into 1B shares at par P1.00/share from P101.25M divided into 101.25M shares at par P1.00/share. 3. Denial of stockholder preZemptive right which capital increases will be undertaken [...]

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% [...]

Marc is starting to get noticed by traders/investors as seen on its trading volume today. The house of MANDARIN is leading the top buyers list. Some says the 3rd shipment is already on its way. But still have to confirm from company disclosure.

SMPH (SM PRIME HOLDINGS, INC) closes above the 30 day SMA and a bit pretty volume. Is it now bullish? I would like to think so but it is still too early to say. Observe price-action and volume tomorrow.

On my post last May 22, I see Doji on PXP, the day after that, the price went down thus confirming the change of sentiment (signified by Doji) but it was short lived because on the 24th the price went up again. Either there were new holders of PXP or current holders are adding more [...]

I have been holding DFNN for quite sometime now so I am a bit bias but at least the technical analysis will say for itself. Basing on the graph I could tell that last Thursday there was a formation and it was confirmed on Friday where the price gaps up at the opening. Its very [...]

For the past few days I am trying to figure out what is better, hold and wait for the price to go up or sell it and buy when it bottoms. Few days back I wrote about Why I think holding a stock for long term is not good First of all its not that [...]

  Green green grass! Too green. I hope it can sustain until morning when pinoys wake up and trade tomorrow.

I am looking at the DIZ stock and it seems it is now bound to bounce since it has already reached its 50% Fibonacci retracement level. The volume seems to suggest there are a bit significant number of traded shares went on this day. But I am not very much eager to get in because [...]

Today it was confirmed that the sentiment for PXP has been changed from being bullish to bearish. As what I pointed out yesterday, there was a doji formation which means that on that certain day traders weren’t bullish nor bearish and to wait for confirmation which happened this day.   As you can see on [...]

PXP today went as high as 35.9 but almost close at negative. Good thing some traders push it up a little. I have also noticed that MACQUARIE both some shares. Its has sold 37K shares but bought 118K shares. Do they know something we don’t? Looking at the PXP’s chart today we can see a [...]

  There is a possible hammer formation for the ICT. Last Thursday it had a gain of 4.18% but on Friday it dropped 1.83%. Volume last Friday was bigger than the previous day maybe because of cashing out as we all know that Friday is a profit day plus the fact that its the day [...]

Marc (MARCVENTURES) went down lower than the price where the Fibonacci retracement of 61.8% is but rebounded before the market closes last Friday. Volume is too low but RSI is already oversold. Due to some rumors about Marc, its price may dip further south. Caveat!