Monday, March 6, 2017

Philippines Stock Exchange Index (PSEi) Monthly Chart – Still Bullish For The Long Term View


*Philippines Stock Exchange (PSEi) Long Term View is Still Bullish. This will only change to Bearish if the Upper Median Line of Andrew’s Pitchfork will Broken as Support. The bounced on 50ema suggest that PSEi just made a correction and it will continue it’s Bullish Trend.
*For the mean just wait for the breakout @ 7400 level or just trade the range while the consolidation  continues.

Sunday, March 5, 2017

Rizal Commercial Banking Corporation (RCB) – Broken Trendline Retest



*Rizal Commercial Banking Corporation (RCB) made a return move to test the broken trendline after a Ascending Channel Breakout.
*Buy at current prices.
*Resistance levels are at 40.30, 43.80 and 47.50. Support levels are at 38.00, 36.00.

Manila Water Corporation (MWC) – Rectangle Pattern Breakout


*Manila Water Corporation (MWC) made a return move to test the support after a Rectangular Pattern Breakout.
*Buy at current prices to trade the breakout.
*Resistance levels are at 31.70, 32.30 and 33. Support levels are 31, 30.70 and 30.

Now Corporation (Now) – Ascending Channel



*Now Corporation (NOW) continues to move inside the Ascending Channel after it found support at the lower trendline of the channel. The price is also above the 100 Moving Average.
*Buy at current prices but expect a pullback to test the trendline support.
*Resistance levels are at 3.00 and 3.20. Support is seen at 2.70.

Apollo Global Capital, Inc. (APL) – Triple Top Pattern


*Apollo Global Capital, Inc. Dropped sharply after making a Triple Top Pattern and found heavy resistance at the Upper median Line of the Pitchfork.
*Sell/Avoid. Countertrend traders may try to buy on oversold levels and try selling on a rebound. 
*Support levels are 0.062, and 0.058. Resistance is seen at 0.070.

Lodestar Investments Holding Corporation (LIHC) – Bullish Gartley & Potential Bearish Shark


*Lodestar Investments Holding Corporation (LIHC) rallied after the completion of a Bullish Gartley and may be forming a  Potential Bearish Shark Pattern that aims to be completed at 1.65.
*Buy at current prices.
*Resistance levels are 1.30, 1.50 and 1.65. Support Levels are at 1.10 and 1.

STI Education System Holding, Inc. (STI) – Minor Bullish Trendline & 21 EMA Broken



•STI Education System Holding, Inc. (STI) dropped after the Minor Bullish Trendline & 21 Exponential Moving Average failed to hold as support.
•Sell/Avoid. Countertrend traders may try to buy on oversold levels and try selling on a rebound.
•The 21 Exponential Moving Average will now serve as resistance. Support is seen at 1.

Tuesday, February 28, 2017

Tesla Inc., (TSLA) – Triple Top & Potential Bullish Shark - February 28, 2017


•Tesla Inc., (TSLA) dropped sharply after a Triple Top (bearish reversal pattern)
•Maybe making a Potential Bearish Shark Harmonic Pattern that aims to be completed between 124 and 155 level.
•Sell, but watch the 100 MA Line for Possible Support.
•Wait for the Potential Bullish Pattern to be finished and buy at the PRZ.

Xurpas Inc. (X) -Trading Above 20 Days Moving Average

•Xurpas Inc. (X) is trading above its 20 Days Moving Average. 
•Buy, but watch the Downtrend Line for possible resistance. 
•Resistance Levels are at 10 then at 12 while support is at 8.




Sunday, February 26, 2017

Philippines Stock Exchange Index (PSEi) Consolidation Continues - February 26, 2017

Philippines Stock Exchange Index (PSEi) continues is consolidation stage and once again failed to breaks
the 50% Fibonacci retracement level. Buy on breakout. Supports is seen at 7117 while Resistance levels are at 7300, 7400 and 7500.




Saturday, February 25, 2017

Qatar Exchange Index Potential Bearish Bat - February 25, 2017


Qatar Exchange Index made a return move and bounced from a downtrend line and may be making 
a Potential Bearish Bat Harmonic Pattern that aims to be completed at 13664.



Facebook Inc. (FB) Bearish Alt Bat Harmonic Pattern - February 25, 2017

FB completed a Bearish Alt Bat Harmonic Pattern. Sell/Avoid but for breakout traders buy if 136 breaks.
Resistance Levels are at 136, 139 then at 146 while support levels are 133.40 and 131 .


Apple Stock Price All-time High - February 25, 2017

AAPL broke out of previous highs as it steadily rose from its lows last May 2016. Buy at current prices to trade the breakout. Resistance Levels are at 145 then at 156  while support is seen at 134.50

Cebu Air, Inc. (CEB) - Sitting on Bullish Trendline - February 25, 2017

Cebu Air, Inc. (CEB) is sitting above it's Bullish Trendline. Buy at current prices. Supports levels are at 93 then at 90 while Resistance levels are at 100 and 107.



Semirara Mining and Power Corporation (SCC) - Bearish Cypher - February 25, 2017

Semirara Mining and Power Corporation (SCC) dropped and made a Bearish Engulfing Candle after reaching the Potential Reversal Zone of a Bearish Cypher Harmonic Pattern. Sell/Avoid this stock. Support is seen at 137 then at  132.


Friday, February 17, 2017

Wednesday, February 8, 2017

Philippine Stock Exchange Index (PSEi) - February 8, 2017

The Philippine Stock Exchange Index (PSEi) seems to be retested the Upper Line of the Descending Broadening Wedge Pattern and currently forming a Ascending Triangle. If there will be a breakout of the Ascending Triangle the Possible Target Price is at 7750.

Monday, February 6, 2017

Energy Development Corporation (EDC) - Bullish Reciprocal ABCD

Looks like EDC respected the PRZ(aka completion of Harmonic Pattern) of a Bullish Reciprocal ABCD Harmonic Pattern. It seems also that there is a Breakout of a Falling Wedge.



Sunday, February 5, 2017

Medco Holdings (MED) - February 5, 2017

If there is really something on MED It should Break 1.00. If 1.00 is Broken they might Push this up to 1.50 - 1.70. Cut  if goes below 0.70.

Manila Electric Company (MER) - February 5, 2017

If MER Breaks 290 it might go up to 300. They might push this up to 317 to 325 if 300 is broken. Cut if goes below 280.

Saturday, January 21, 2017

Straits Times Index - Singapore (^STI) Potential Bearish Shark - January 21, 2017

Strait Times Index Singapore completed a Bearish Alt Shark Pattern last 2015 and it seems that a Potential Bullish Shark is Forming that aims to be completed at 3457.


Hang Seng Index - Hong Kong (^HSI) Bearish Shark - January 21, 2017

Hang Sen completed a Bearish Gartley Pattern Last 2015. Currently forming a Bearish Shark Harmonic Pattern that aims to be finished at 27650. A Inverse Head And Shoulder was also spotted.

Nikkei 225 - Japan (^NKX) Bearish Alt Bat - January 21, 2017

Nikkei 225 - Japan (^NKX) might retest again the PRZ of a Bearish Alt Bat Harmonic Pattern.

WTI Crude Oil - Potential Bearish Crab- January 21, 2017

Looks like the price of OIL (WTI) will go up further up to 58 which is the completion of a Bearish Crab Harmonic Pattern.

Friday, January 20, 2017

EEI Stair Step Pattern - January 20, 2017

EEI Corporation (EEI) is following a Stair Step Pattern.This is a strong chart pattern in a strong market.

Thursday, January 19, 2017

SHLPH Potential Bearish Alt 161.8% ABCD - January 19, 2017

Pilipinas Shell Petroleum Corporation (SHLPH) is seems to be forming a Potential Bearish Alt 161.8 ABCD with PRZ that aims to be completed at 77. Let us see if the PRZ will be respected.

EPHE Bullish Cypher - January 20 2017

 ISHARES MSCI PHILIPPINES (EPHE) completed a Bullish Cypher last December 22, 2016. The first target at 38.2% was already reached.

Wednesday, January 18, 2017

NI Bearish Three Drives Harmonic Pattern

Nihao Mineral Resources International (NI) is a classic example of  Bearish Three Drives Harmonic Pattern.

WEB Classic Bearish Alternate 1.618% ABCD Harmonic Pattern

Philweb Corp. (WEB)  is a classic example of a Bearish Alternate 161.8% Harmonic Pattern.


Tuesday, January 17, 2017

BLOOM Inverse Head and Shoulder - January 17, 2017

BLOOM is seems to be forming a Inverse Head and Shoulder. A break of the neckline will give a possible target at 9.50.

Sunday, January 15, 2017

Saturday, January 14, 2017

Thursday, January 12, 2017

Bitcoin/Dollar (BTCUSD) Emerging Bullish 5-0 - January 12, 2017

Bitcoin/Dollar (BTCUSD) is forming a Potential Bullish 5-0 with estimated Target around 646 the PRZ aka completion of a Bullish 5-0 Harmonic Pattern.


Insider's Guide - Philippine Stock Market Personalities

Here is the list of Philippine Stock Market Personalities with their affiliations and brokers.

Source: www.stockmarketpilipinas.com
Personality
Affiliations
“Known” Brokers
RSA ( Ramon S. Ang)
SMC, LIB, CYBR, MER, GSMI, PCOR, PF, PSE, SMB
Asiasec, Mandarin, CS, CLSA, UCPB
MVP ( Manuel V. Pangilinan)
MPI, MER, TEL, PX, 
CLSA, MacQ
Lopezes
FPH, FGEN, MER, EDC, ABS, LPZ
PCCI, Summit, BDO
Roberto P. Ongpin
WEB, ISM, AB, ALPHA
Belson
Ayalas
AC, ALI, BPI, GLO, IMI, MWC
BPI
Aboitizes
AEV, AP , UBP
Papa, SB Eqty
Gokongwei’s
JGS, URC, CEB, DGTL, RLC
ATR
Consunji”s
DMC, SCC
Papa
Tatang (Henry Sy)
SM, SMDC, SMPH, BDO, CHIB, ALHI, MWIDE
BDO, Lucky, Regina
Enrique Razon
ICT, BLOOM
CS, Venture
Ramos Group
UPM, APO, AT, SHANG, OV
Alakor
JAP (Jerry Angping)
GEO, NI, ORE, SLI, VLL, PO, DIZ, AGP
Angping, Goldstar
Yuchengco
RCB, EEI, HI
RCBC
Andrew Tan
MEG, ELI, AGI, SUN
Aurora, Abacus, Summit, UBS, CLSA,Sincere
El Kapitan/Kapitan (Lucio Tan)
PAL, ETON, PNB
Panasia, Triton
Gotianun’s
FDC, FLI
Summit, ATR
Tancaktiong
JFC

Lolo (Felipe Yap)
LC/B, MA/B
Fyap, BPI
Willy Ocier
APC, BEL, SINO, LR
Belson
Conception’s
RFM, SFI

Gatchalian
PHES, FPI, WIN, WPI, ACE
Westlink, Transasia
Chucky Arellano
ACE, EG, ATN, PRC, CHIPS, LIHC
PCCI, Guild, Done-tru a lot
Old brokers used in buying: Coyuito, Ansaldo, AT Castro Belson
Lucio Co
PGOLD, COSCO