Author Archive

RLC

Tuesday, October 14, 2008 18:32 No Comments

This stock has created a very clear breakout/resistance line.
MACD has been hovering at the 0 level for a couple of months now.
Take note of setups of this kind as you’ll get very obvious (buy or sell) signals. All this one needs is regular monitoring and enough discipline to pull the trigger once it makes its [...]

This was posted under category: PSE Stock Picks Tags: ,

BDO

Tuesday, October 14, 2008 18:32 No Comments

Another clear trading channel, only downward this time.
The gap formed last Sept 16 still needs to be broken.
There’s a very big upside for those who will be patient enough.

Buy at: 42
Target Price: 52
Cut Loss: 40

Potential Gain: 24%
Potential Loss: -5%
Reward-to-Risk Ratio: 5

This was posted under category: PSE Stock Picks Tags: ,

BPI

Tuesday, October 14, 2008 18:31 No Comments

I’m reiterating the breakout call last Sept. 26. There are a lot of gaps waiting to be closed though (in other words, a lot of sellers waiting to unload their stocks).

Wait.

Buy at: 49
Target Price: 57
Cut Loss: 48

Potential Gain: 16%
Potential Loss: -2%
Reward-to-Risk Ratio: 8

This was posted under category: PSE Stock Picks Tags: ,

EEI

Tuesday, October 14, 2008 18:31 No Comments

A company in the construction/infrastructure industry showing up in my radar?

The MACD slope has been going up since the start of the year while the prices are going down. Bullish divergence?

The 50-day moving average seems to be a stubborn customer and is reinforcing the resistance line (blue line). Look for help from volume [...]

This was posted under category: PSE Stock Picks Tags: ,

JFC

Tuesday, October 14, 2008 18:30 No Comments

One of the few stocks whose MACD lines stayed on positive territory during last week’s market free fall. Is this just because the price was falling from a higher “cliff” than the rest? Regardless, what I know is that this fall helped create a very obvious resistance line (Apr. 2007 and Sept. 2008 peaks).
[...]

This was posted under category: PSE Stock Picks Tags: ,

PX

Tuesday, October 14, 2008 17:46 No Comments

Price has been dancing the Hawaiian hula since April 2008.
Clear resistance and support lines.

Be courteous enough to wait for the dancers to finish.
Breakout at 7.80. Moving average lines are in a bullish setup. Check volume.

Buy at: 7.80
Target Price: 9.80
Cut Loss: 7.60

Potential Gain: 26%
Potential Loss: -3%
Reward-to-Risk Ratio: 10

This was posted under category: PSE Stock Picks Tags: ,

Protected: Befriending Mr. Bear

Wednesday, October 8, 2008 16:14 Enter your password to view comments

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This was posted under category: Commentaries

Crude Oil

Tuesday, September 23, 2008 20:54 No Comments

Back in the quagmire again?
Crude oil futures jumped more than $16 a barrel last Monday, recording the biggest one-day gain in dollar terms since 1984 (when crude began trading on the New York Mercantile Exchange).
Factors that contributed to the spike:

Steep drop in the U.S. dollar
Increasing hope that the U.S. government rescue plan will serve as [...]

This was posted under category: Commodities Tags: ,