Trader's Logbook

I finally got some SMPH yesterday when it was trading near the intra-day low. Although I wasn’t able to get the 16.46, I was able to get it at a good price before it was forced to close at 16.60 which makes it to turn green at the closing. Last January 1, 2013 when I [...]

Let us visit our mutual fund investment and see how it is doing after the Ghost Month Looking good so far. The highest so far for this year was 4.58 for SALEF around May. With Ghost Month just been concluded and the year end is still far, we might see this soar to a new [...]

No candlestick that indicates a reversal for this stuck yet. May continue to go up with some dips along the way. Caveat!

I have come across this news today from Inquirer and I would like to put this on my blog and hopefully by 2018 our PSEi will really reach that high. Good luck everyone! MANILA, Philippines—The local stock market is still in the early stages of a bull run, with the main index likely to explore [...]

Breakout from the triangle and confirmation of Bullish Harami pattern from last Friday. RSI still ok at 63.76 and a buy signal on MACD. Is it now time to visit 16? Your guess is as good as mine. Caveat!

From the last two candlesticks of SMPH (SM PRIME HOLDINGS, INC.) we could see a Bullish Harami pattern that might be consider a signal for reversal. But take note that this pattern has a low reliability. It needs a third day confirmation to be sure that the downtrend has really reversed. This confirmation of the [...]

Watch mode for SMPH as it might pick up volume and push the price up soon. How soon? Your guess is as good as mine!

The usual move for SMPH is to break the 23.6% Fibonacci retracement when it retraces and then bounce after that. Will it happen again tomorrow or Monday? Let us see. Caveat!

This company will be giving 25% stock dividend and 0.29 cash per share. Are we going to see a rally tomorrow or a big dip? This is a good opportunity to watch how stock price moves during the giving of dividends. Basing on the chart, it seems that we have waves 1 and 2 formation. [...]

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.