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.