Trading the Philippine Stock Market

[istoryamember]

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After failing to cross above 161.8% Fibonacci Retracement level, PGOLD may hit and find support at 261.8% Fibonacci Retracement level or around 30.47 per share. Today it fell by 2.9% to close at 32.2 per share. We don't have a clue from our candlestick for reversal so there is a greater chance it will continue to fall. Don't catch falling knives.

Ichimuko elements are telling us that the stock is still bearish. RSI or Relative Strength Index is at 18.8

Caveat!

PGOLD may hit 261.8% Fibonacci Retracement level

[buloi123]

What's the next best mining stock after NIKL?

Personally,I would go for MARC since I'm bullish on nickel mining companies..

Though I have both NICKL and MARC on my positions both at 20%++ up already.
I only add up everytime it breaks and hit it's all-time high.
CAVEAT!

[lestat1350]

congrats sa mga naka gain...loosing more with MAXS huhuhu

[istoryamember]

IS is trying to move above 0.23 per share or the 23.6% Fibonacci Retracement level but has been unsuccessful. Will the bulls get tired of pushing the price up?

Caveat!

ISLAND INFO AND TECH INC

[BlueGenie]

Whats the FV of DNL and NIKL?

[supersonic]

congrats sa mga naka gain...loosing more with MAXS huhuhu

At what price did you buy? Check this article here posted by TP a few days ago. I hope this helps.

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Whats the FV of DNL and NIKL?

What is FV? Fair value?

[lestat1350]

At what price did you buy? Check this article here posted by TP a few days ago. I hope this helps.

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Bought it at 54 few weeks back...major damage already..loosing 41% already..Will wait for the 100% stock DIV on Sept 18,
then sell everything..sigh...thanks for the link sir...

[supersonic]

Ok, I hope it's not a big chunk of your whole portfolio.

[istoryamember]

Weekly chart shows LR successfully broke the 8.45 resistance and may proceed to test 127.2% Fibonacci Retracement level soon. Will it be able to break it?

Caveat!

Is LR going to hit 127.2% Fibonacci Retracement level and beyond?

[makie29]

Whats the FV of DNL and NIKL?

Most brokers have an FV of around P16 for DNL. For NIKL, it's overvalued as far as valuations are concerned.
However, since both still draw a lot of buyers, both remain as good buys. Be sure to have a stop loss point though just in case things go wrong, especially for NIKL.

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For those who are into basura (highly speculative) plays, check out CEI, IS, MED and MRC. Price action looks good and may rally again.