Archive for the ‘PSE Stock Picks’ Category

Mine, All Mine!

Tuesday, May 4, 2010 7:50 No Comments

For the past two weeks, we have been bullish with the mining sector and with good reason.  The first reason is that gold has still been continuing to go to higher levels and we are still expecting this precious metal to land somewhere between $1200 – $1300/oz. soon.  We see two more reasons to be [...]

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

ORE or Nothing

Thursday, April 22, 2010 16:38 No Comments

One of the few stocks that has been grabbing my attention for the past week has been Oriental Peninsula Resources or ORE.  It was last spotted creating a base around 1.50 to 1.62 before it started moving higher.  It was able to close at the high of 1.90 as of this writing.
The pattern that ORE [...]

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

PSE Trade Idea #102: Long PIP

Sunday, March 7, 2010 10:50 No Comments

About a month ago, I issued a recommendation to buy PIP between 1.88 and 1.92. The buy recommendation was based on a potential Bullish Gartley. The pattern was immediately invalidated when PIP failed to break P2 and rebounded from there. Looking at the current chart, PIP has closed above the resistance line (red line) with [...]

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

Trade Update: ANI

Sunday, January 17, 2010 4:35 No Comments

Booyah! Finally ANI broke out of its consolidation and closed the previous trading week strong. It’s going to be an exciting week as I see the bulls to further push the price higher, but don’t get too excited. There’s a high chance that the 31.5 – 33 will get hit but near that level, traders who bought [...]

This was posted under category: PSE Stock Picks Tags:

Welcome 2010!

Monday, January 4, 2010 11:23 No Comments

It has been a profitable year for us traders. The PSEi bottomed at 1684.75 and from there it went up to a high of 3130.43, 766.31 points short of the 2007 high at 3896.74. To sustain this bullish trend, the PSEi and other indices must correct or consolidate which I think will be the case [...]

This was posted under category: PSE Stock Picks, PSEi Outlook, Philippine Stock Exchange Tags: , , ,

Trade Update: PX (Round 3)

Wednesday, November 4, 2009 8:45 1 Comment

Ok here’s the gameplan.
Similar to Round 2, PX is on unchartered waters — Making new highs accompanied by wild volume. In round 2, instead on selling on target at 8.8, I held on to my shares until a clear reversal. We can do the same but the problem I see is that in round 3, [...]

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

Singing to a new TUNA

Tuesday, September 1, 2009 22:48 No Comments

I noticed last week that there were two issues that were moving up .  The first one was PIP, which we won’t talk about.  The second, is TUNA.
What I remember from this stock since it’s listing is that it has been on the downtrend.  Even if its fundamentals are telling you a different story, the [...]

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

Stock Picks for Sept. 1 – 4, 2009

Tuesday, September 1, 2009 8:28 No Comments

After a few weeks of various stocks moving up, only two stocks that caught my attention still haven’t broken out:

OPM
Buy: 0.017
Target: 0.025
Cut loss: 0.015
Return: 47%

OV
Buy: 0.018
Target: 0.026
Cut loss: 0.016
Return: 44%
A hold recommendation is given to ALI, MEG, FLI, CMT & PAX.  That’s assuming you still have them.
Again, this is not a solicitation, this is the [...]

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

Update: BPI (Bank of the Philippine Islands)

Tuesday, August 25, 2009 8:01 No Comments

Click here for the original trade idea
Long Term Trade
Alright, we’ve waited long enough for this long term trade to open.

Monthly Chart

Potential AB=CD Pattern
Bearish trend line break
Reversed from 61.8% Fibonacci Retracement. Projected target at 161.8% (80)

Buy: 43 / Market
Target: 80
Stop: 36
Short Term Trade

Retracement of swing 41.5 – 46

Retracement of 31 – 47.5
Buy: 45 / Market
Target: 48.5 [...]

This was posted under category: PSE Stock Picks Tags:

Stock Picks for Aug. 17 – 20, 2009

Sunday, August 16, 2009 17:29 No Comments

Here’s our list for this week.

LR
Buy: 1.44
Target: 2.20
Cut: 1.40
Return: 53%

OPM
Buy: .017
Target: .024
Cut: .015
Return: 41%
No endorsements or guarantees are made here.  This is only our opinion.

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