Tag Archives: Ichimoku

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 3/31/2017

Philippine Stock Market

AC – sideways with bullish bias ALI – price is currently resting on support level at 61.8% Fibonacci Retracement level. Bearish sentiment can be felt as it closed at the low last week. Even if its sitting on support level,

Philippine Stock Market – Update on selected stocks 3/17/2017

Philippine stock market

ALCO – sideways with bearish bias. Price is currently moving inside a downward channel. Immediate support is at 1.37 per share while resistance at 1.45 per share. ANI – a healthy retrace while others are taking their profits and price

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 2/3/2017

Binary Options

AC – most likely to move forward after having no clear candlestick formation and price is moving inside the Kumo. Trading range is seen at 790 – 835 per share. ALCO – no bearish candlestick seen at the week’s closing.

Philippine Stock Market – Update on selected stocks 8/05/2016

Binary Options

AGI – Kijun Sen line provided a support last Thursday and AGI was able to bounce from it closing at 16 per share last Friday. Price may continue to go up with next resistance at 16.28 and 16.75 per share.

Philippine Stock Market – Update on selected stocks 7/8/2016

Philippine Stock Market

ANI – went up by 4% last week to close at 3.89 per share. Bullish sentiment is still there and price may go up towards 4.5x per share with the help of Kijun Sen line. 78.6% Fibonacci Retracement level is

Philippine Stock Market – Update on selected stocks 11/06/2015

stock market

2GO – the bulls spent the week trying to break the Kijun Sen line but wasn’t successful. Notice how the line resisted price from moving upward. This week could be vital for the stock since the area is too narrow.

Philippine Stock Market – Update on selected stocks 10/02/2015

Philippine Stock Market

BLOOM – the stock continues to go down. Last week it dropped by 18.6% to close at 4.87 per share. It broke the 127.2% Fibonacci Retracement level and may continue to go down towards 161.8% level unless the bulls will

Philippine Stock Exchange Index – PSEi update

Philippine Stock Exchange Index - PSEi

After reaching the 7150 mark, bears are starting to show up as seen on the last candlestick. Is our index at the top of its rally and is ready to retrace? Both weekly and daily charts are still in a

Philippine Stock Market – Update on selected stocks 09/11/2015

Philippine Stock Market

AGF – may continue to slowly move up after it hit 261.8% Fibonacci Retracement level few weeks ago. AGI – sideways but bears are calling the shots. Kijun Sen line is moving horizontally but will soon bend ALI – went

Philippine Stock Market – Update on selected stocks 08/20/2015

AYALA LAND INC

AC – daily chart: after bouncing for few days after hitting the support slope, AC fell by 2.1% touching again the support. This time we feel the bears more than the bulls. Lets be on defensive unless bullish candlestick pattern

Hammer at the support line. Will it bounce?

AG FINANCE INCORPORATED

AGF went down to as low as 3.45 per share last week but was able to regain and looks like the bulls is about to take control. This sentiment is shown via the Hammer we can see at the support

Philippine Stock Market – Update on selected stocks 08/03/2015

philippine stock market

2GO – moving sideways with bullish bias. Based on daily and weekly chart, the Ichimoku elements are in a bullish positions. Of course we need to have some corrections before forming that big cup. AC – the stock has so

Philippine Stock Market – Update on selected stocks 07/29/2015

Philippines World Markets

AR – currently facing a headwind with a threat from Kijun Sen line at 0.00615 Will it touch that low? Longer time suggests, this stock may form a cup with the tip near 0.01 per share. But of course it

Philippine Stock Market – Update on selected stocks 7/24/2015

Bear Bull

ALI – weekly chart shows that ALI hit the resistance slope. If there is a bearish signal at the end of this week then there is a big possibility it will retrace. Otherwise it will break the immediate resistance and

Is it time for a retrace?

PREMIUM LEISURE CORP

After bouncing from the 161.8% Fibonacci Retracement level, PLC is now at 1.50 per share. It is now at 61.8% Fibonacci Retracement level (weekly and daily chart). This is a possible reversal area for PLC after the dip. Is PLC

COSCO on its support again

COSCO CAPITAL INC

Weekly chart shows some familiar movement. Notice how COSCO bounce after touching the support area but as it bounce, it creates a lower high. In case price will continue to follow this trend, then a bounce will happen but not

Update on selected stocks 07/03/2015

Bear Bull

BY FELIX THE CAT with 5991 lives BPI – broke from the support slope (weekly chart). There might be a spike that as of now 98 may be a strong resistance for BPI. Tenkan Sen line crosses Kijun Sen line

PLC touching 161.8% Fibonacci Retracement level

PREMIUM LEISURE CORP

PLC up by 2.4% at the week’s close. It wasn’t able to close above the 1.30 mark but it form a bullish candlestick pattern. It will important that this week’s close will be above 1.30 per share or a long

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