Tag Archives: px

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 6/17/2016

Philippine stock market

ALI – doesn’t show any bearish sentiment at the moment. Price may continue to move up with resistance at 39 per share followed by 41 per share. ANI – weak bullish signal is still there for ANI with support at

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 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 2/12/2016

Philippine Stock Market

2GO – weekly chart shows that the stock is still moving within the support but has so far accumulated bearish sentiment as it moves away from the cloud. Test buy at this level. 6.0 per share is still the psychological

PX touching Kijun Sen line

PX found support at Kijun Sen line but is it strong enough to become a springboard for bounce? Based on Ichimoku system, weak bullish signals are still there for PX and buying near support lines could be rewarding. Next support

Bullish Hammer confirmed?

PX showed bullish sentiment last Friday after it closed by 4.5% to 11.50 per share. Price may continue to move upwards with possibility to reach 12.40 based on recent drop which reached 127.2% Fibonacci Retracement level before the bounce last

Philippine Stock Market Aug 28, 2014 Top Gainers/Losers

Philippine Stock Exchange Index or PSEi is down by 59.76 points or 0.83% to close at 7100.70 Most active stocks by value are TEL, BDO, MBT, AGI, ALI, PGOLD, AC, BPI, PX and SCC TAPET went up by 60.87% followed

PX showing bearishness after crossing Kijun Sen line

PX registered a bearish signal via Kijun Sen Cross yesterday. It fell by 3.3% to close at 11.84 per share. Could this lead to a fall towards 11.5x and the closing the gap at 11? The bulls need to bring

Philippine Stock Market July 23, 2014 Top Gainers/Losers

Philippine Stock Exchange Index or PSEi is up by 22.98 points to close at 6892.92 Most active stocks by value are URC, AGI, MBT, TEL, PX, NIKL, SM, COSCO, BDO and AC Check the top gainers and top losers of

Philippine Stock Market July 21, 2014 Top Gainers/Losers

Philippine Stock Exchange Index or PSEi is up by 21.81 points to close at 6874.88 Most active stocks by value are TEL, AGI, PX, BDO, SM, SECB, ALI, MBT, VLL, and LTG MED, I and CPVB are the top 3

Philippine Stock Market July 8, 2014 Top Gainers/Losers

Philippine Stock Exchange Index or PSEi is down by 50.58 points to close at 6948.52 Most active stocks by value are ALI, TEL, MEG, MBT, URC, VITA, AC, SM, PX and AGI. VITA touched the ceiling but wasn’t able to

Bears trying to close the gap

Yesterday’s Dark Cloud Cover has scared the bulls away as the price continue to move downward. The 23.6% Fibonacci Retracement level that acted as a support yesterday turned out to be weak as the price easily broke it during the

Philippine Stock Market June 23, 2014 Top Gainers/Losers

Philippine Stock Exchange Index of PSEi is up by 31.03 points  to close at 6761.99 Most active stocks by value are ALI, TEL, AGI, SM, PX, BDO, BPI, URC, NIKL and MBT with only PX in red. Check the top

Will PX be able to reach the flat Kumo?

PX went up by 29.5% the recent week and is about to touch the 38.2% Fibonacci Retracement level. We should monitor this level because this might act as strong resistance to break. Selling pressure maybe felt at this level since

Philippine Stock Market June 19, 2014 Top Gainers/Losers

Philippine Stock Exchange Index or PSEi is down by 3.74 points to close at 6699.39 Most active stocks by value are ALI, PSE, PX, MCP, NIKL, AGI, BPI, SM, MEG and BDO PX came out strong following the Marubozu candlestick

PX ready to take off?

PX went up by 3.2% today after consolidating within the 9.32 – 9.48 range. The Marubozu candlestick today may suggest that PX is ready to go up as price break through the Kumo. Although Ichimoku elements are still in a

PX has landed. Is the Kumo strong enough to support the price?

After reached 10.18 per share, it has been dropping and has finally landed at the Kumo. Is it the bottom for PX? The small red candlestick that we saw last Friday could mean the bearish power is now dissipating. This

Kumo Break on PX

PX continue to slowly move up and has pierced through the Kumo or Cloud today. This is another bullish signal for PX. Newly found support will be the Senkou Span and the 9.09 or the 50% Fibonacci Retracement level. If

Weak Bullish signal on PX via Tenkan Sen / Kijun Sen Cross

PX found support near the 61.8% Fibonacci Retracement level but it also near the resistance which currently prove to be strong. For two days after we saw the price crossing the Kijun Sen line, this line has stopped the price