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PCOR (Petron Corporation)
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8 posts • Page 1 of 1
PCOR (Petron Corporation)
by tarantrader » Fri Apr 23, 2010 3:18 pm
Eto na para kay Wallstreet!
People tend to lie, the chart doesn't.
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Re: PCOR (Petron Corporation)
by WallStreet » Fri Apr 23, 2010 4:32 pm
thanks, boss YM.
Guys, just wanted to share with you the PCOR chart. Im seeing a bearish gartley pattern. Pts B and C has some slight imperfections, but the uncanny convergence of pt. D 3X is just simply hard to ignore for me.
78.6 XA = 6.71
AB = CD is 6.79
1.618 BC ext is also 6.7
IMO, this is a BUY, with target price bet. 6.7 - 6.8. If we look at the slope of AB, we should be hitting pt. D pretty soon.
PD: i bought some shares yest and today after it bounced off from its retracement.
just my personal thoughts, caveat as always.
Guys, just wanted to share with you the PCOR chart. Im seeing a bearish gartley pattern. Pts B and C has some slight imperfections, but the uncanny convergence of pt. D 3X is just simply hard to ignore for me.
78.6 XA = 6.71
AB = CD is 6.79
1.618 BC ext is also 6.7
IMO, this is a BUY, with target price bet. 6.7 - 6.8. If we look at the slope of AB, we should be hitting pt. D pretty soon.
PD: i bought some shares yest and today after it bounced off from its retracement.
just my personal thoughts, caveat as always.
- pcor apr 23.png (29.66 KiB) Viewed 407 times
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Re: PCOR (Petron Corporation)
by yeahbah » Fri Apr 23, 2010 8:19 pm
Good find pero maliit na yung profit potential.
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Re: PCOR (Petron Corporation)
by mikomac » Mon Apr 26, 2010 10:04 am
6.7 na! accurate analysis, wallstreet!
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Re: PCOR (Petron Corporation)
by yeahbah » Mon Apr 26, 2010 10:42 am
precisionized na si wallstreet he he
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Re: PCOR (Petron Corporation)
by harley » Mon Apr 26, 2010 11:38 am
WallStreet, when you said "pretty soon", that should have been "on Monday"! congrats! 
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Re: PCOR (Petron Corporation)
by WallStreet » Mon Apr 26, 2010 12:41 pm
sinuwerte lang. 
thanks.
may disclosure sa PSE ... tender offer at 6.85 but no date yet.
thanks.may disclosure sa PSE ... tender offer at 6.85 but no date yet.
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