Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Thursday, June 22, 2017

Prime Orion Philippines Inc #POPI

POPI WEEKLY CHART

  • Will it break from a year of consolidation?  MACD crossover on the positive zone and pointing upward however if it fails to break the resistance at 2.30, it may return to its previous support.

Monday, June 19, 2017

Manila Water Company #MWC

MWC WEEKLY CHART

  • Price movement in uptrend channel, attempting to break the 33 resistance zone.  Current price is moving near the lower channel line right above the 50MA.  MACD is flat but still on the positive zone,  if it falls below the negative zone, support might land at 200MA (27.50)

Sunday, June 18, 2017

Ayala Corporation #AC

AC WEEKLY CHART

  • WEEKLY Chart: main trend is bullish however it is forming a double top which is a bearish reversal signal.  Lookout for the MACD crossover, if it falls below the negative zone, next support might be around the 200MA (728).  STS is also on the overbought zone and is now crossing below the 80 zone which is a sell signal.

Tuesday, June 13, 2017

Jun 13, 2017 Price Break Above Resistance: #BHI #MRSGI #ROX

BHI

  • Let's see if it will break the resistance at 0.0990
  • Volume is increasing
MRSGI
  • Price closed with a volume spike.
  • Will the momentum continue to push upward?
ROX
  • Still no sign of sell signal

Wednesday, June 7, 2017

Robinsons Retail Holdings Inc #RRHI

RRHI DAILY CHART
  • After the prior uptrend, price movement went sideways and is now attempting to break the resistance level at 89.
  • It looks like forming a Cup, good entry would be the pullback after the breakout (Handle formation)
  • It is both recommended by COL Financial and BPI Trade with target price of 92 and 90, respectively.