Category Archives: SECB

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 11/25/2016

Philippine stock market

AC – bearish sentiment is evident on this stock after it dropped by 6.7% last week. Although it found support at the Kumo and 61.8% Fibonacci Retracement level, it may not be enough for a reversal. It could go sideways

Philippine Stock Market – Update on selected stocks 10/14/2016

philippine stock market

AC – bearish sentiment is still there as price went down by 2.3% to close at 840.50 per share last week. Kijun Sen line at 815.50 per share may continue to pull the price down. ACR – daily chart shows

Philippine Stock Market – Update on selected stocks 5/27/2016

stock market

ACR – after rallying early last week that sent the stock to 2.08 per share, it went down at 1.91 per share at week’s end. The candlestick last week is a Shooting Star which tells us that bearish sentiment is

Philippine Stock Market – Update on selected stocks 3/11/2016

Philippine Stock Market

PSEi – weekly chart shows multiple weak bullish signals for the past weeks. While it is currently on its resistance this could still go up further towards 7260 2GO – looks like heading toward the completion of its cup formation?

Philippine Stock Market – Update on selected stocks 2/19/2016

stock market

PSEi – weekly chart shows index is currently at the resistance slope. Will it be able to break from it? As of now we don’t see any bearish candlestick which means bulls are still in control. Should the slope be

Philippine Stock Market – Update on selected stocks 09/24/2015

stock market

AC – weekly chart shows bearish signal via Kijun Sen Cross and Chikou Span moving below the price. Is it another lower high for AC? AGI – stronger bears bringing the price back to its support area at 18.00 per

Philippine Stock Market – Update on selected stocks 09/18/2015

philippine stock market

AC – weekly chart shows a bullish signal via Kijun Sen Cross when price broke the resistance at 759.25. This price is now our immediate support ACR – registered a weak bullish signal last Friday after it went up by

Philippine Stock Market – Update on selected stocks 08/04/2015

stock market

AGI – weekly chart shows some bullish sentiment after a green candlestick showed at the end of the week. Possible rise to 22 – 23. RSI or Relative Strength Index is at 32.27 ALI – may move sideways after it

SECB broke from the triangle

Looks like a breakout from the triangle for SECB. Last week it went up by 6.3% to close at 120.20 per share. Our Kijun Sen line which may continue to attract the price is at 124.05. If SECB will continue

SECB approaching the support line, will it bounce?

SECB is currently moving at the level where we previously saw it bounce. Could it be possible for SECB to bounce again at this level? There is a possibility that price will be attracted by the Kijun Sen line which

SECB falls to support line Kijun Sen

SECB is now sitting at its support which is the Kinjun Sen. Some may consider it already a Weak Bearish Signal but Chikou Span is not yet confirming the bearishness of this stock as price 26 periods ago is still

SECB trying to break the cloud but looks weak at this time

Weekly: SECB‘s weekly chart still showing a downtrend with current price below the price corresponding the Chikou Span. We are still waiting for Tenkan Sen to cross the Kijun Sen which may not happen very soon. It is also trading

SECB retraces to rest for a while

Thick cloud slowed down the rise of SECB and finally SECB retraces back to 137.30 per share at the closing. It is currently sitting at our Tenkan Sen which provide price support. I think the bullish trend based on Ichimoku

SECB trying to conquer 140 level

SECB rallied up to 140.30 today but settled for 139 at the close. The 140 – 144 zone might be a big challenge for SECB and it may take all its strength. Current RSI or Relative Strength Index is now

SECB bounced off from support line, gap is closed

SECB closed the gap last Thursday, one week after it created a gap. Last Friday we saw SECB went up by 5% walking away from the 23.6% Fibonacci Retracement level. Looks like it will continue to go up but let

SECB broke the 20-day SMA line

SECB was able to break from 20-day SMA line. Onward to fill the gap? Our next resistance will be the 23.6% Fibonacci Retracement level which is also within our gap. With stock dividend still to be announced, there is still

SECB is up. Monitor the 20-day SMA line

SECB went up by 6% last Friday following the Harami Pattern. The rally on Thursday and Friday almost took the losses week on week. I think their is a great potential for this stock to go around 129 – 130

SECURITY BANK CORPORATION (SECB)

SECB continue to set a 52-week low. Now trading at 105.70, it close at the lowest price of the day. Will the Marubozu signal the last big drop before the calm? Based on 2-year chart we see that it is

Calm after the storm on SECB

SECB is in a “calm after the storm” stage right now after it drop hard early last week. Support could be seen at 130 to 128 (52 week low). One may start buying in tranches at this level. If price

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