Let’s not ignore the GEMINI stocks: GEO, MIC and NI. When there’s basura there’s pera.
Ok, less talk, more charts.
GEO:
Retraced to 61.8%. if you’re holding this watch out for the potential reversal zone between 0.69 and 0.73.

B: TBD
S: 0.52
T: 0.93 (how about piso?)
MIC:
Like its brother GEO, it retraced to 61.8%. Potential reversal is between 3.1 and [...]

First of all I would like to congratulate all the traders who made this trade. You should now be enjoying at least 20% profit.
Click here for the original trade idea.
I posted the trade idea last May 11th. After a few days PX broke out of its trading range and on the 26th our target has [...]

Update: GLO (Globe Telecoms)
Please click here for the original trade idea.
We have waited long enough for this trade to open.
Our original trade plan was to buy at 700, but did not push through. I know some of you might think that the buying price for GLO is absurd. Well, back in March the market wasn’t [...]

TEL made an impressive run from late 2002 until late 2007. After which, as we all know, everything started to melt. For 5 years, TEL did not correct until the start of 2008. Looking at the long term chart, TEL is still in an uptrend.
Let us first take a look at the bear side of [...]

About a week ago, I called a sell on BPI as per the AB=CD pattern (fig. 1). This stock recovered from a low of 31, pulling back to the 50% retracement at 33.5 then continuing its trend up to a high of 40 which is the 50% retracement (fig. 2) of the down swing from [...]

Hold your fire! Do not buy thinking that you will get left behind.  This stock is just starting its short term uptrend. Wait for the price pullback and find support somewhere between our 61.8% and 78.6% fib levels, that’s 3 and 2.6 respectively.
EDC just bounced off the 50% fib. If the price doesn’t go below this [...]

Things are getting more and more interesting in our local market. It makes me think that our local market already has bottomed out. One stock we could add to our buying list is ALI.
Like all stocks in PSE, the stock made a spectacular move from mid 2005 up to mid 2007. Looking at the chart [...]

It’s been since I looked at our local market’s chart. Nothing much is going on, just floating sideways. But that’s better than the market going down some more.
From this moment on, let us talk about stocks that we could buy for the long term. Stocks that we could accumulate at “cheap” prices and then sell [...]

In a bear market, shorting a stock seems like a no-brainer as going long is in a bull market. In a long-only market like the PSEi, I would generally recommend to stay away. If you have any remaining profits, take it. You will have a hard time earning a decent income from this market unless [...]