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Tuesday, July 5, 2016

Update for July 5, 2016



Updates for today..
Now this becomes like a journal..

$PXP- Sold my Pxp at the open . Bagsakan din commodity sa World Market. I really love oil play. Just be quick, told you madulas play nito. Not unless you have a good position then you might want to hold. But as for now, just for me... Trading lang muna. No strings attached.

$ION- If you're following me at Traders Empire you'll get noticed I already post/reco a chart of this bago pa umapak sa P2.30 if I remember it well. Why? I just saw a piercing pattern + a good lad who gave me some little news. Although may nega that time telling me mag 1.70 si Ion, its fine. Last Friday posted this at Empire with caption Flag pattern waiting for Sor candle. But since nangati kamay ko natsupit ko kahapon but told you earlier that 2.30- 2.35 is my buying area.. But it seems ayaw bumaba, so I take some little courage and started to click the buy button. Oh well, let's pray joke.. #almamoreno strategy... Yes, this is on my port with P2.43 average. If I only have more patience loolss, wala sisihan that's how you play the game..

$NIKL- I buy and sold Monday for scalp trade then bought back again. Yes I'm still holding this stock. I saw Angping buy, buy, buy aba nakiBuy din ako, Bakit ba 😉😉😉.... Will try to add some if support will be visited again. ISO certified ito.

$NOW- Told you at P4 there's a lot of profit taker.. Did you follow your trading plan?
I'm still holding my base. Holding some Alas with this stock. Shake it some more baby....



This is just an update of how I did my play. 
I'm not telling you to copy trade me but I just want you to know how I risk on. It's more like kwentuhan, sana di ko kayo maboring.. I believe that in some way may mapulot din kayo.
No trading today so let's sit back and relax. 
Happy gainer here, sana kayo din..
Till next update.
Mwahh 😘😘😘...

PS
Spotted some divergence on basura stock, malapit na sila... 😉

Updates July 3, 2016




Updates

Still holding Now, Nikl, Pxp
Bullish lang at Favorite play.. 

$ION- Nalet go ko yun Ion, but definitely will buy back.
My next buying range is 2.30- 2.35

$SSI- Seeing potential with SSI, hopefully makawala na sa ulap.

$Mrsgi-  di na aq nakabili but that's a breakout.

$Now- When it reached P4 maraming team profit taker dyan..
So plan your trades. If malalim base set your trail stop, don't put a target price. Will tell you, your base is your key...


NO TRADING BUKAS- YOU KNOW THE DRILL


Watch Out For Agricultural stocks and SOLAR Stocks(Miss T)--


Remember Price action is king.
Rule: Sell when happy
Gain is gain
Buy near the support 

July 1st Week Chart Observation




I will not call this as Stock Recommendation rather Its a Chart Observation. My guidelines are simple, I just wait and buy or test buy at support .. When I saw a resistance that is hard to break, I take profit. I secure my profit. But if things doesn't go my way, I accept my fault. I execute my trading plan and cut my losses to protect my capital. Should I say Caveat, Trade at your own risk 😉😉😉 .... Indeed, its needed.. So Due diligence is a must. After all, your guess can be good as mine.



$DD
Once RSI 70 got hit, that's a call for me. A momentum.
But as for now the dragons are moving sideways.




$ION
As you all know, they have a buy back program  and it's not yet done. Been told that they're accumulation is within a trading range. If you have a lot of patience you can test buy beyond the range of 2.25-2.30. Support is 2.20 below that its not really good. That resistance is also the MA100. If we will plot an Ichimoku indicator its still far from what they're saying Flat kumo.. So its either trade the range or buy and sit.
Should I add this, but don't take it seriously.. Someone told me ION is good buy for a mid term stock while its still at that price range. We'll I don't know, in stock market everything is possible. The hype in other group is next DD.. I'm not yet buying it but let's see..



$NIKL
Don't want to say too much about this, you know the Gina Lopez thing etc etc... Just trade the chart and find support. In a long run its good for those position trader. 



$PXP
This is one of my favorite play .. Told you oil play is "madulas". Its like biglang taas, biglang baba. I heard that on Wednesday there is the result of arbitration regarding the West Philippine Sea. If things will go bias to us, MVP can freely drill as much as he can. I mean the Sampaguita/Recto bank in Palawan, oil drill. Look at the chart, you see that last month is a strong rally. Because the drilling there is having a progress. That's where the rally came from. Let's see for more, and "Ibalik sa dating presyo" lools... 



$NOW
Favorite huehue 😘😘😘😘
All I can is take advantage of the pullback.
That sideways low is our major support.
If Velarde's outlook for Now will happen, like the gain he said.. Now is heading north. Will tell you, every stock has a pullback. Every stock will have its fair share of shake and scoop. The owner itself is a visionary man, he is dreaming big for Now. If I get it right, Velarde is sitting at P1.22. 
Will not hype this stock, no need for that.. The market will speak for it.


Trade the Chart
Play the News 
Protect your money
Be wise, always...