Tarantrading

[fido]

Sir/ Ma'am,

From batch 84 here. Very much a newbie. Good morning!

I a m looking at the chart of MA and I am seeing another flag in the making and ready for a breakout. Can you guys confirm? Pang-apat na flag na kaso ito. Pwede pa ba yun?

Thanks!



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Mukhang malabo na flag ito. For me, the actual flag (after the pole) should only be 3 or 4 days before breaking out. As of last Friday, 6th day, count pa today, 7th day na. Still on a short term uptrend and Gold prices still rallying so there might still be an upside to this stock. Just watch out for any potential reversal patterns or knee-jerk reactions to problems abroad.

Good luck!

Thanks Sir! Yun nga rin iniisip ko. Dito sa PH 3 to 4 days lang tinatagal ng flags and pennant after that, breakout. Short term parin ang pag sinabing flags or pennant and this can still go max 3 weeks diba? Anyway, price action will tell. Malakas parin naman ang gold. I hope this will follow suit! Hindi ma-break yung .070 eh, dati sumasabay to sa galaw ng LC, ngayon hindi na.

Thanks again!

[radcliffeivan]

sir, bhi pwd ba consider c&h or pilit? .30 breakout with target of .54 tnx

[fido]

Sir/ Ma'am,

From batch 84 here. Very much a newbie. Good morning!

I a m looking at the chart of MA and I am seeing another flag in the making and ready for a breakout. Can you guys confirm? Pang-apat na flag na kaso ito. Pwede pa ba yun?

Thanks!



Uploaded with ImageShack.us

Mukhang malabo na flag ito. For me, the actual flag (after the pole) should only be 3 or 4 days before breaking out. As of last Friday, 6th day, count pa today, 7th day na. Still on a short term uptrend and Gold prices still rallying so there might still be an upside to this stock. Just watch out for any potential reversal patterns or knee-jerk reactions to problems abroad.

Good luck!

Thanks Sir! Yun nga rin iniisip ko. Dito sa PH 3 to 4 days lang tinatagal ng flags and pennant after that, breakout. Short term parin ang pag sinabing flags or pennant and this can still go max 3 weeks diba? Anyway, price action will tell. Malakas parin naman ang gold. I hope this will follow suit! Hindi ma-break yung .070 eh, dati sumasabay to sa galaw ng LC, ngayon hindi na.

Thanks again!

Akalain mo. Flag nga. I should have sticked to what I saw. Kailangan may tiwala din sa sarili. Kaya nga nag aral ng TA. Lesson learned.

Thanks!

[betheone]

Parang pilit nga sir.... ang ikli masyado ng handle. Pero kahit ganun, may story naman itong stock so kung pumasok ka sa .30, kita ka pa rin. Just take care, dating illiquid ito. Kailangan bantayan mabuti.

sir, bhi pwd ba consider c&h or pilit? .30 breakout with target of .54 tnx

[betheone]

Thanks Sir! Yun nga rin iniisip ko. Dito sa PH 3 to 4 days lang tinatagal ng flags and pennant after that, breakout. Short term parin ang pag sinabing flags or pennant and this can still go max 3 weeks diba? Anyway, price action will tell. Malakas parin naman ang gold. I hope this will follow suit! Hindi ma-break yung .070 eh, dati sumasabay to sa galaw ng LC, ngayon hindi na.

Thanks again!

Akalain mo. Flag nga. I should have sticked to what I saw. Kailangan may tiwala din sa sarili. Kaya nga nag aral ng TA. Lesson learned.

Thanks!

Iba-iba talaga description ng flag pattern. Sa abroad, flags have poles that compose 3-5 days including gap ups, then flags or pennants that go for 15 -20 days. Yun nga lang, as what I learned from Bonner, di madalas na ganun yung flags dito. If I traded MA, I would have used the uptrend line as basis. Now, It seems to be approaching the resistance line of an upward trading range. Bantay-bantay lang. Good luck!

[tarantrader]

Ganado kayo maghanap ng mga flag ah. Sige, para mas maraming mga mata naghahanap ng mga flag!

[radcliffeivan]

Parang pilit nga sir.... ang ikli masyado ng handle. Pero kahit ganun, may story naman itong stock so kung pumasok ka sa .30, kita ka pa rin. Just take care, dating illiquid ito. Kailangan bantayan mabuti.

sir, bhi pwd ba consider c&h or pilit? .30 breakout with target of .54 tnx

tnx sir betheone, kabado nga ako pag basura stocks hehehe. about apc, ano nakikita nyo? pwd na ba sumalo? tnx

[betheone]

tnx sir betheone, kabado nga ako pag basura stocks hehehe. about apc, ano nakikita nyo? pwd na ba sumalo? tnx

Mejo mahirap talaga gamitan ng TA ang ibang stocks. Pero subukan natin hehe Sa APC, matagal ko na ito na trade... recently, parang may support sa .60. Pero pag nag zoom out, mukhang nasa .5 ang support nito. Other than that, wala ako nakikitang pattern dito na pwedeng ma trade. mukhang downtrend pa rin sya at walang reversal pattern.

[tarantrader]

I seriously believe the next play is in properties. Labas na muna sa mining.

Eto si ALI, just in case you wanna know who will lead it...

[radcliffeivan]

tnx sir betheone, kabado nga ako pag basura stocks hehehe. about apc, ano nakikita nyo? pwd na ba sumalo? tnx

Mejo mahirap talaga gamitan ng TA ang ibang stocks. Pero subukan natin hehe Sa APC, matagal ko na ito na trade... recently, parang may support sa .60. Pero pag nag zoom out, mukhang nasa .5 ang support nito. Other than that, wala ako nakikitang pattern dito na pwedeng ma trade. mukhang downtrend pa rin sya at walang reversal pattern.

tnx sir betheone, antay na lang ako Reversal pattern para cgurado