We at Absolute Traders believe technical analysis can maximize returns in favorable markets and protect capital in unfavorable market climates.
The green triangle in our logo symbolizes change and fluidity in the market. The upward line connotes our capability to unravel trends in fluctuating markets to reel in profits.
Since the PSEi seems to be turning around and is gearing itself up for a breakout, it’s best that we come up with our own picks for the following week. Please remember that this is our own opinion and that we don’t guarantee anything.
ALI
Buy: 9.80
Target: 15.75
Cut: 9.60
Return: 61%
CYBR
Buy: 0.39
Target: 0.58
Cut: 0.37
Return: 51%
EDC
Buy: 4.10
Target: 6.70
Cut: 3.75
Return: [...]
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B - Buy
T - Target
S - Stop / Cut Loss
BE - Breakeven. Move stop / cut loss to your buying price.
TBD - To be determined.
Market - When buying, this is the opening price or better. When selling, this is the current price or better.
Wait - You wait.
Open - The trade recommendation is triggered. If you just read the status update and you are still not in the trade, you might be too late. In such cases we would recommend that you do not take it.
Cancelled - The trade idea or recommendation was cancelled.
Closed - Trade recommendations will be closed once the trade is exited
