betheone wrote:fido wrote: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?
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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.
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.