PSE stock SMC. Some info
Wait for break out, the stock Is set for a breakout.. . and choose your position to be long or short. and see for industry news for potential entry positions.
PSE:SMC
DISCLAIMER:
This is just my analysis. Before entering a position, you should be in conviction with multiple factors which include macro and microeconomic parameters to ensure that you are ready to face the intended risk to reward ratio.
BPI. Lets seeThis is what i think of BPI. PSE:BPI
DISCLAIMER:
This is just my analysis. Before entering a position, you should be in conviction with multiple factors which include macro and microeconomic parameters to ensure that you are ready to face the intended risk to reward ratio.
GMA7 for my pinoy friends. The chart looks nice.
PSE:GMA7 Look for industry news. And make your safe entries.
DISCLAIMER:
This is just my analysis. Before entering a position, you should be in conviction with multiple factors which include macro and microeconomic parameters to ensure that you are ready to face the intended risk to reward ratio.
For all those pinoy BDO fans. This is my Analysis. Cheers Something is cooking. Look for industry news. And make your safe entries.
DISCLAIMER:
This is just my analysis. Before entering a position, you should be in conviction with multiple factors which include macro and microeconomic parameters to ensure that you are ready to face the intended risk to reward ratio. PSE:BDO
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DMC Fibo bounce playDMC was doing really well in the past several days rallying 36% from when it first breakout in Oct 1.
Due to the parabolic run, early buyers had a selling spree to realize their profit which brought the stock to its current level.
The interesting part is it just touched the 38.2 retracement level and in case it holds, a bounce is imminent.
That doesnt mean you should just enter blindly. A responsible trader should still prepare for a cut loss in case 7.85/sh breaks down.
