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 [...]

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 [...]

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 [...]

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, [...]

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 [...]

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 [...]

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 [...]

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.

Our stock picks for the week are mostly updates of recent picks which haven’t broken out yet.  We leave the following for your discernment:

ALI
Buy: 9.70
Target: 15.50
Cut: 9.50
Return: 60%

ISM
Buy: 0.028
Target: 0.038
Cut: 0.026
Return: 36%

PAX
Buy: 3.00
Target: 6.00
Cut: 2.90
Return: 100%

WEB
Buy: 0.0625
Target: 0.0675
Cut: 0.0575
Return: 8%
Remember, nothing is guaranteed as these are our own opinion only.
Good luck!

On June 25th, I issued a buy recommendation for PX and on the same day, the trade opened at 6.9. After a few days, it steadily climbed, reaching a high of 7.9. At that point, I got into a dilemma of whether to stay on target at 8.4 or just let my profits run. If [...]