tag:blogger.com,1999:blog-84668826962573287602012-01-24T15:43:46.293+08:00Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.comBlogger1321100tag:blogger.com,1999:blog-8466882696257328760.post-34356606785296538022010-02-12T17:32:00.001+08:002010-02-12T17:33:34.908+08:00

VLL today made a breakout from its resistance @ 1.90 and the 65-MA @ 1.94 with volume. Other signals (1) MACD signals a BUY (2) RSI is up New support @ 1.94/1.90... resistance @ 2.04... target price @ 2.14 (130-MA)

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com5tag:blogger.com,1999:blog-8466882696257328760.post-9626108785501310232010-02-12T17:24:00.000+08:002010-02-12T17:24:23.667+08:00

After it formed a long white candle the other day, WEB has closed higher price and volume is rising (a good sign). Another good signals (1) MACD signals a BUY (2) RSI is up... Placing support @ 17.00 and resistance @ 18.00/18.75... target price @ 20.00

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-91580282160587579632010-02-12T17:07:00.000+08:002010-02-12T17:07:36.696+08:00

Bullish Harami Cross Candlestick found this week - ANI and CYBR. Both ANI and CYBR closed higher the next day.... My Note: Bullish Harami Cross - it's a battle of the bulls and the bears.... and the bulls won...

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-31922318358681427302010-02-10T22:09:00.001+08:002010-02-10T22:12:29.489+08:00

I noticed that WEB has been encountering resistance @ 16.00 for the past few trading days... but today it breakout from its resistance and ended with a long white candle with above-average volume and closed @ 17.00. BTW, MACD signals a BUY and RSI is up....

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com1tag:blogger.com,1999:blog-8466882696257328760.post-54637837176257325512010-02-10T21:30:00.001+08:002010-02-10T21:44:02.607+08:00

I'm putting DMC on my watchlist....... Watchlist criteria: Breaks the 160-MA today Buy signal from MACD RSI is up I might enter a trade if this breaks the 9.30 resistance which is also the 65-MA with volume.... initial target price 9.9...next target price is 10.25

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com1tag:blogger.com,1999:blog-8466882696257328760.post-26230482061208005862010-02-10T16:30:00.000+08:002010-02-10T16:30:40.656+08:00

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com2tag:blogger.com,1999:blog-8466882696257328760.post-33352667688248301522010-02-04T12:28:00.003+08:002010-02-04T12:35:33.359+08:00

IP gap up at the open @ P2.00 (initial target price) and even reached the next target price @ P2.10. However, IP closed today with a bearish long legged doji with a huge volume reflecting the indecision of the buyers and sellers.Let's see how IP moves tom... will it confirm the reversal? or will it just pullback to close the gap?

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com1tag:blogger.com,1999:blog-8466882696257328760.post-47410186991044095392010-02-03T12:39:00.001+08:002010-02-03T12:41:17.000+08:00

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-5892556985534528252010-01-31T23:00:00.003+08:002010-01-31T23:06:37.409+08:00

AGI breakout from 2nd pennant with nice volume...Buying criteria1. breakout from 2nd pennant2. breakout from 16-MA3. 16-MA crossover 32-MA -> buy signalMeasuring the pole of the 2nd pennant... 5.00 - 4.55 = 0.45... now measuring current price 4.65 + .45= P5.00...If it breaks the P5.00 resistance... the next target price is 5.30

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-13992243209117434982010-01-28T15:50:00.005+08:002010-01-28T16:20:25.887+08:00

(1) After reaching the high of 1.60 it formed a doji (bearish reversal) which was confirmed the following trading day. It pullback to 23.6% fib. ret. or 1.28 which also serves as a support and bounced back. However, ACR encountered resistance @ 1.52. Note: At this point the new support is 1.28 and resistance is 1.52/1.60.On its third attempt to break the 1.52 resistance, ACR went back to test its

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com3tag:blogger.com,1999:blog-8466882696257328760.post-22017892502920625072010-01-28T12:08:00.003+08:002010-01-28T12:16:16.452+08:00

LIB has been encountering resistance @ 4.00 for the past few trades. Today, LIB breaks the 4.00 and 4.15 (previous high)...My chart shows a breakout from a flag formation... computing for the target price...1. getting the height of the flag (4.15 - 2.95 -> 1.20)2. then add the height to the resistance.... 4.00 + 1.20 -> 5.20

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com3tag:blogger.com,1999:blog-8466882696257328760.post-85533400152088757852010-01-27T12:53:00.002+08:002010-01-27T13:11:12.256+08:00

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com3tag:blogger.com,1999:blog-8466882696257328760.post-84607565484877226622010-01-26T20:08:00.010+08:002010-01-26T21:47:55.249+08:00

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-87037788426749622492010-01-26T20:08:00.005+08:002010-01-26T20:18:41.300+08:00

Yesterday, I was feeling down for selling my CYBR early. CYBR seems to be unaffected by the overall negative sentiment. However, this morning the pre-opening at the BID side seems strong sending CYBR to gap up at the open. Honestly, I am itching to chase the stock. But, past observations has taught me not to chase the stock that has gap up. It seems my past observations has serve me well.CYBR

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-73708797257270406602010-01-25T21:50:00.004+08:002010-01-25T22:05:47.072+08:00

I was able to daytrade CYBR from 0.64 to 0.70. Yup, was eager to take profit as the overall market sentiment is negative.Next play: Wait for CYBR to pullback around 23.6% or 0.69....

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-66835536213367547722009-06-04T01:25:00.001+08:002009-06-04T01:29:07.382+08:00

(PSEi as of June 3, 2009)This does not look good.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com1tag:blogger.com,1999:blog-8466882696257328760.post-3721381815469672272009-06-02T13:43:00.003+08:002009-06-02T13:56:41.705+08:00

(MEG Chart as of June 2, 2009)MEG - should volume diminish while it consolidate, then it still a good stock to play.Diminishing volume, while consolidating on a tight range between 1.1 and 1.18 will give us a small flag/pennant formation.I think such formation is needed to be able for MEG to propel its way up to 2.50. =)But, it is important to observe stop-loss too..(PX Chart as of June 2, 2009)

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-21007983949823175762009-06-01T12:49:00.008+08:002009-06-01T13:22:26.864+08:00

(GEO Chart as of June 1, 2009)GEO breakout from the flag formation with good volume.Target price measured @ .83.One concern, pennant or flag formation should have diminishing volume and heavy volume upon breakout.(MA Chart as of June 1, 2009)MA seems to be forming a flag formation.Resistance is @ .017. If this breakout from .017 the measured target price is @ .024.(MEG Chart as of June 1, 2009)

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-89674988074733156582009-05-28T23:37:00.006+08:002009-05-29T00:05:03.695+08:00

(AGI Chart as of May 28, 2009)AGI breakout from the small pennant formation formed.Measured target price of the small pennant is @ 3.35. But AGI might encounter some resistance around 3.20 which is the breakdown point of AGI from the H&S pattern last October 2008.(CMT Chart as of May 28, 2009)CMT encountering resistance @ .80 seems to be forming the 3rd pennant.Breakout from the 3rd pennant will

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-22332623620308432802009-05-27T20:57:00.008+08:002009-05-27T21:50:15.956+08:00

(ABS Chart as of May 27, 2009)ABS breakout from pennant formation with volume!Target price measured @ 22.00 - 23.(LC Chart as of May 27, 2009)LC breaks its 260-MA and its previous resistance @ .15 with a heavy volume.Target Price measured @ .19 based on the pennant breakout last May 18, 2009.(MA Chart as of May 27, 2009)MA breaks pass the 260-MA and its previous resistance @ .014 with a very very

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-89494032086607066282009-05-27T02:26:00.012+08:002009-05-27T21:13:01.787+08:00

(ABS Chart as of May 26, 2009)ABS chart shows a pennant formation.Holding a support @ 19.50 and a resistance @ 20.25.A breakout from this pennant formation will give us a target price @ 22-23.(DMC Chart as of May 26, 2009)DMC breaks from the 7.0 resistance seems to be continuing its uptrend. Target Price @ 10.00.(GEO Chart as of May 26, 2009)GEO a small flag on top of the pennant formation?GEO

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-63437334614225596732009-05-25T23:08:00.009+08:002009-05-27T21:20:55.870+08:00

(MA Chart as of May 25, 2009)Today, MA breaks pass its 260-MA with volume.MA chart shows a W-pattern. Target price measured @ .030.(PA Chart as of May 25, 2009)PA has been encountering resistance @ .0825 several time already. PA shows a lot of bottoms hitting a resistance @ .0825.This time if PA breaks pass the .0825 with a good volume, then it is also a breakout from a 260-MA.Buying price will

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-82840712956643537572009-05-19T13:47:00.003+08:002009-05-19T13:53:16.057+08:00

(AGI Chart as of May 19, 2009)AGI looks like a breakout from a flag and there's volume.Still, my trade plan is to enter when it's break the 2.70, which is the previous high.Target price is @ 3.2, which is the neckline or beakdown last October 7, 2008. (AJO Chart as of May 19, 2009)AJO charts shows a flag formation hugging around the 260-MA.If this breakout from the flag formation, then the target

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-75507910894647323112009-05-19T13:15:00.003+08:002009-05-19T13:16:13.609+08:00

(LIHC Chart as of May 19, 2009)Bought LIHC @ 6.6.Its a breakout from 260-MA and volume is still up.Target Price 7.0 - 8.0.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-48591204533590746752009-05-19T13:08:00.002+08:002009-05-19T13:09:43.371+08:00

(MPI Chart as of May 19, 2009)Bought MPI @ 4.55 on breakout of its two pevious high on huge volume.Also noted, MPI is moving above the 260-MA.Initial Target Price @ 5.3.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-10631730661474026302009-05-19T12:56:00.002+08:002009-05-19T12:58:39.955+08:00

(DIZ Chart as of May 19, 2009)Bought DIZ @ 3.75 on 130-MA breakout and huge volume.Looking at the chart, it seems to breakout from a rounding bottom too.Closed today at ceiling price.Measuring the rounding bottom will give a target price @ 5.20.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-9384372513003421172009-05-18T14:53:00.001+08:002009-05-18T14:54:36.304+08:00

(MUSX Chart as of May 17, 2009)Bought MUSX today @ 0.105 on double bottom breakout with huge volume.Target Price @ .14, which is also the breakdown point last December 9, 2008.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com3tag:blogger.com,1999:blog-8466882696257328760.post-72330466222617961182009-05-18T14:27:00.001+08:002009-05-18T14:30:08.700+08:00

(APC Chart as of May 17, 2009)You know what no matter how nice the analysis is, it's still the PRICE that discounts everything.Okay, I forgot to log that I bought a few shares of APC @ .34 last Friday when it breakout the .33 resistance with volume. Today, I sold my APC @ .32 (-10%) because it seems to me a failed pennant and there was selling out volume today.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-2971440263333651532009-05-18T14:18:00.002+08:002009-05-18T14:21:15.278+08:00

(AT Chart as of May 17, 2009)Sold AT today @ 6.1 (+9%)Last time, I bought AT based on retracement buy from 6.3 (Reference: http://tsupita.blogspot.com/2009/05/tradelog-bought-at-on-retracement-buy.html) . Last friday, It went pass 6.3 and closed @ 6.5. Made a new support at that time @ 6.3.Today, it went below the 6.3 again with huge volume. Thus, I decided to sell and took profit.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-61102717098337153042009-05-18T14:12:00.002+08:002009-05-18T14:13:59.191+08:00

(GEO Chart as of May 17, 2009)Sold my GEO today @ .58 (+20%)Bought a few GEO last May 5, 2009. (Reference: http://tsupita.blogspot.com/2009/05/tradelog-bought-geo-on-130-ma-breakout.html)Planning to hold this stock because my chart study shows a pennant formation, but decided to take profit because of huge selling today and bearish candlestick.Let's see how GEO will move in the succeeding days.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-55202670544800811372009-05-18T13:53:00.005+08:002009-05-18T14:02:01.922+08:00

(PNB Chart as of May 17, 2009)Today, I decided to exit and take profit on my PNB @ 22.75 (+20%).I admit I should have sold @ 25.5, which is my maximum target.I got in @ 17.25 when PNB broke from its 2nd pennant last May 4, 2009. (Reference: Tradelog: bought PNB on Pennant/Flag breakout)To determine my target price, I measured the flag pole and got the maximum target price @ 25.50. But then, I

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-29369830534981096002009-05-14T15:38:00.001+08:002009-05-14T15:40:04.240+08:00

(CMT Chart as of May 14, 2009)CMT chart shows a possible second pennant formation.If this will breakout, the target price will be @ 1.00!

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com2tag:blogger.com,1999:blog-8466882696257328760.post-14663856644338226122009-05-14T15:25:00.002+08:002009-05-14T15:28:46.209+08:00

(APC Chart as of May 14, 2009)See previous post on APC last May 11, 2009(http://tsupita.blogspot.com/2009/05/stockwatch-apc-ajo.html).APC charts shows a pennant formation since its breakout from the double bottom.The past few trading days, it seems to be holding it support at its 260-MA which is @ .30.Playing this stock if this breakout from the pennant formation will give a target price @ .43-

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com2tag:blogger.com,1999:blog-8466882696257328760.post-80375149618873582222009-05-14T15:09:00.002+08:002009-05-14T15:17:25.570+08:00

(AGI Chart as of May 14, 2009)AGI charts right now shows a pennant formation. Also, a doji candle was formed today.If price will breakout from the pennant formation, then target price will be @ 3.20.It is noted that 3.20 price is also the point where AGI breakdown from its neckline on head and shoulder formation last October 6, 2008.With the doji candlestick formed today, I am watching how this

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com2tag:blogger.com,1999:blog-8466882696257328760.post-90659142102523846742009-05-12T02:07:00.003+08:002009-05-12T02:12:55.541+08:00

(BRN Chart as of May 11, 2009)Today, BRN breakout from (1) cup and handle pattern (2) its previous resistance, April 16, 2009 @ 2.90 (3) pass through the 130-MA and 260 -MA (4) and there's volume!Target Price @ 3.60.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-8361370899953341072009-05-11T03:07:00.005+08:002009-05-11T03:23:44.382+08:00

(APC Chart as of May 8, 2009)APC formed a double bottom from October 2008 to May 2009.On May 7, 2009, it breakout from the double bottom pattern with volume. And further confirmed the breakout on May 8, 2009, when it breaks pass its 260-MA with volume.Target Price @ .44. (AJO Chart as of May 8, 2009)Last May 8, 2009, AJO closed at its resistance based on Jan 13, 2009 @ 0.48. There was a huge

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com1tag:blogger.com,1999:blog-8466882696257328760.post-18714676329046951412009-05-04T20:20:00.002+08:002009-05-04T20:24:24.607+08:00

(AT Chart as of May 4, 2009)On March 26, 2009, AT breakout from a double bottom pattern and formed a peak @ 4.55. It then pullback from its resistance @ 4.05 also closing the gap when it breakout.AT has since then formed another peak @ 6.3 which is the 38.2% fibonacci retracement level. AT then corrected and bounced off the 4.95 which is the 23.6% retracement level forming a long white candle

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-71339835597818292032009-05-04T19:46:00.002+08:002009-05-04T20:07:54.119+08:00

(PNB Chart as of May 5, 2009) I have to admit I got excited watching this stock. When I saw PNB breaking the 17 resistance, I jumped in and bought a few shares @ 17.25. Although there's volume when it breaks pass the resistance @ 17. The volume is not big enough to be more convincing. I just realized that after pressing the BUY button.I'm putting a tight stop loss, when it breaks down @ 17. Then

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com2tag:blogger.com,1999:blog-8466882696257328760.post-66138249740861724162009-05-04T19:34:00.004+08:002009-05-04T19:51:55.333+08:00

(GEO Chart as of May 4, 2009) Bought a few shares of GEO @ .45 today because (1) it breaks through its 130-day Moving Averages, (2) there's volume (3) it breaks past the 23.6% retracement level resistance @ .44.My initial target price is @ .47 but GEO might breaks through that and test the 38.2% retracement level which is @ .50.I will place my stop loss @ .42 which is the 65-day Moving Averages.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-26034884348631625042009-05-01T22:54:00.005+08:002009-05-03T13:27:09.716+08:00

(MWC Chart as of April 30, 2009)Since its breakout from double bottom, MWC has gone up and now seems to be consolidating forming a flag with an established resistance @ 14.April 30, 2009 session gives us a doji with volume.So, is the stock headed to its resistance @ 14? Will MWC eventually breakout from its flag formation?I am planning to trade this stock provided there is volume when its

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-61776359599637819102009-04-30T11:59:00.002+08:002009-05-01T22:54:11.469+08:00

(URC Chart as of April 30, 2009)Yesterday, someone doing a sell-down @ 6.9 but URC was able to recover and closed @ 7.2. Thus, confirmation of the breakout, w-pattern / double bottom but the volume is not convincing.I decided to hold onto my stocks and wait for today session. Unfortunately today, URC formed a bearish shooting star candle. So, I decided to sell @ 7.2 to protect my profit which is

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-21494064849801057852009-04-28T13:44:00.004+08:002009-05-01T22:54:11.470+08:00

(URC Chart as of April 28, 2009)(1) URC closed above its 65-MA with volume. The chart gives me a double bottom. (2) Minimum target price is @ 7.5. (3) Also, up close chart below shows us a bullish engulfing candlestickpattern.(URC Close-up Chart as of April 28, 2009)Tradelog: Bought today @ 6.9. My stop-loss will be @ 6.7, which is the 65-MA.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-45251570524462836092009-04-28T03:17:00.003+08:002009-05-01T22:53:03.323+08:00

(AP Chart as of April 27, 2009)Is AP forming a flag?? If it is, then I would like to play this stock when it breaks the 5.3 resistance. More so, It would be even better if it break the (1) 5.5 resistance of the channel (2) which is also the area when it gap down last September 16, 2009.Playing the pennant will give you a minimum target price @ 6.10. (MWC Chart as of April 27, 2009)MWC forming a

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-11038352308291034222009-04-27T23:25:00.007+08:002009-05-01T22:54:29.491+08:00

(CMT Chart as of April 27, 2009)Bought a few CMT @ .34 when it broke its 130-MA with a heavy volume. However, I decided to take profit @ .39 today.CMT might retrace before continuing its uptrend. I am planning to trade CMT again if this stock bounced of @ .35 (23.6% level).It must be able to hold @ .35 which is (1) support of the upward channel and (2) 130-MA. If not this might become a double

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-74500912970165456722009-04-25T13:08:00.011+08:002009-05-01T22:53:05.905+08:00

(CYBR Chart as of April 24, 2009)Volume shows up on Apr 23, 2009 and CYBR pierced the 65-MA and 130-MA.Apr 24, 2009, CYBR breakouts from the 65-MA. Volume is still there but not as strong as the previous day volume.I'm watching how this stock will move on Monday. If the volume is still there and CYBR moves pass the 0.28 then this might be a good stock to play. As this will give us a target price

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com2tag:blogger.com,1999:blog-8466882696257328760.post-8044009570007094902009-04-25T00:38:00.005+08:002009-05-01T22:54:29.492+08:00

(CMT Chart as of April 24, 2009)I decided to hold on CMT because of the volume. Yesterday, I was kinda apprehensive because I got in when the stock has not confirmed a breakout from the symmetrical triangle.Today, CMT (1) breakout from the symmetrical triangle and pierced the 130MA (2) traded with heavy volume (3) RSI is up (4) Stochastic signal a BUY.my play: Watch how this stock will behave on

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-67120802869079639542009-04-23T23:00:00.005+08:002009-05-01T22:53:23.037+08:00

(ABS Chart as of April 23, 2009)Based on the chart yesterday, I thought ABS is making a pullback. Unfortunately, ABS movement today proved me wrong. It broke the 17.50 support, RSI is down and MACD crossover that signaled a SELL.(BDO Chart as of April 23, 2009)I will avoid trading this stock. (1) Chart shows a breakdown from the rising wedge (2) Volume is there - selling pressure (3) RSI is down

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-39078548244384726262009-04-22T22:41:00.006+08:002009-05-01T22:53:17.679+08:00

(ABS Chart as of April 22, 2009)ABS formed a rounding bottom from November 2008 to March 2009. On March 26, 2009, ABS tried to break its resistance @ 16.25 with heavy volume. However, it was able to break its resistance the following day with a nice volume.Getting the target price from the rounding bottom, the chart gave a target price @ 22.50.From 16.25, it went up until it met another

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com1tag:blogger.com,1999:blog-8466882696257328760.post-56552220565674925402008-09-01T00:36:00.004+08:002009-04-22T22:41:05.857+08:00

I bought AGI last week @ 3.65 because I saw the falling wedge pattern. I was at first skeptical because it seems to be early to breakout from the wedge since it has only three touching point. Anyway, I still took the risk partly because I read in the paper that AGI has launched a buy-back program.After buying @ 3.65 I set my target price @ 4.15 based on my wedge pattern. So last Friday, I posted

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com5tag:blogger.com,1999:blog-8466882696257328760.post-73125825730209427482008-08-21T23:06:00.005+08:002009-04-22T22:41:05.858+08:00

PSEi - Yikes! Everytime I saw something like this, it means avoid!I - Right on target, sold my I @ 4.20. Wonder how this issue will perform tom and onwards? will this form a flag? range trade (4-4.30)? or spike? It will be nice if this form a flag, at least there is something to look forward to in this market mood.ISM - The bull kept on fighting! Look at all the T-candles for the past six

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-29666730499941811402008-08-20T20:59:00.002+08:002009-04-22T22:41:05.858+08:00

ABS seems to have remain strong these past few days. I re-drew my upward channel guide. If ABS breakout from the upward channel my target price will be @ 20.50 (that's almost 10%)I - My chart reflects a rounding bottom. And, I has breakout from the resistance @ 3.25. It seems I is about to reach the target price @ 4.20. More, this is one of the few stocks that is up these past few days.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-42278372920724379132008-08-19T17:47:00.002+08:002009-04-22T22:41:05.859+08:00

AGI - Breakdown :( It hurts because I was not able to cut loss with this issue. One, I woke up late. Second, It was fast I was not able to post @ 3.40, 3.35. And, when it went back to 3.40 I decided to hold! (Bad isn't it) Anyway, I hope and do hope that somehow tom it will recover a little allow me to do a graceful exit first before proceeding down to 3.20 or lower. Hehehe.AGI as of August 19,

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com1tag:blogger.com,1999:blog-8466882696257328760.post-60458440849462786872008-08-18T00:23:00.006+08:002009-04-22T22:41:05.860+08:00

I am kinda wary with how PSEi is moving. I drew a rounding bottom and from that PSEi has breakout just a week ago. It has actually gap up when it breakout from that rounding bottom. A few days later it again has gap up. People started getting bullish though most are still in the sideline this is evidently seen by low volume. Last week, even though DOW has dropped more than a 100pts, our index was

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com1tag:blogger.com,1999:blog-8466882696257328760.post-76695643881389776852008-08-15T00:39:00.002+08:002009-04-22T22:41:05.861+08:00

ABSI am watching this stock to breakout @ 18.50 from the upward channel. If it does then my target price will be @ 20.00. AJOAt my chart, AJO formed a rising wedge and has breakdown last Monday (August 11). AJO looks like poised to reach .043.LCLC to me is trading within the range of .245 and .27. I would like to make a position on this stock should the support hold.NII'm glad I was able to get

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-29782204801360582462008-08-14T08:50:00.001+08:002009-04-22T22:41:19.104+08:00

Upward Channel1. Buy at the support of the channel, sell at the resistanace of the channel or at the break of the support.2. Buy at the break of the resistance.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-75362693476215600672008-08-12T20:05:00.003+08:002009-04-22T22:41:05.861+08:00

ABSI thought ABS will breakout from the upward channel today. Well, it did not. So, I guess this might go back to 17.50 and range trade from 17.50 to 18.50.AGISo this is not going to form another flag. Will this just range trade from 3.70 to 3.90? If it does play within the 3.70 to 3.90 a breakout from this range will give us a target price of 4.10.ALI Yesterday ALI penetrates the resistance @

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-49327198230158919292008-08-11T18:15:00.016+08:002009-04-22T22:41:05.862+08:00

ABSFrom a downward channel since Feb 2008, ABS has started to slope up forming an upward channel since it broke from the 16.75 resistance. Today it close at 18.50 which is the resistance per the upward channel with volume. Now, if this breakout from the 18.50 resistance it might go all the way up to 20.00.AGIAt the start of the month, AGI breakout from what seems like a cup that was formed for

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-30328407611444262542008-01-11T19:32:00.001+08:002008-11-13T13:33:05.660+08:00

AP breakout today with a good volume!Ascending Triangle PatternAP Chart as of January 11, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-9561132448066498322008-01-10T22:30:00.001+08:002008-11-13T13:33:05.897+08:00

Our index seems to be holding well. =)Falling Wedge^PSEi Chart as of January 10, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-62540578411116655442008-01-10T22:12:00.002+08:002008-11-13T13:33:06.069+08:00

This issue closed above the resistance line. Breakout? =)Falling Wedge PatternLND Chart as of January 10, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-31170662262899112182008-01-10T21:32:00.002+08:002008-11-13T13:33:06.515+08:00

JFC's chart a failed ascending triangle? Well, ascending triangle are know to be a bullish pattern.It breakout on the downside last January 7, 2008. Today, the issue tried to pullback towards the support line of the triangle.Things I'm watching with this issue:1. will this pullback to the support line level where it break and then continue downwards?2. will this move back inside the ascending

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-85968536930810148542008-01-10T21:23:00.002+08:002008-11-13T13:33:06.700+08:00

Today, AP penetrated the resistance line. Too bad, it did not close above the resistance line to confirm the breakout or to make it a valid breakout. Nevertheless, I see volume with today trading. Will this stock confirm the breakout further tom? Let's see.Target Price: 6.0 (100%)5.5 (26.3%)5.6 (38.2%)5.7 (61.8%)Ascending Triangle PatternAP Chart as of January 10, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-59487128738951911252008-01-10T20:50:00.001+08:002008-11-13T13:33:06.848+08:00

This issue traded outside the falling wedge pattern. Is this a breakout? or just a touch at the resistance line? (similar to CYBR eh?)It touched the Fibonacci Ratio @ 0.22 (23.6%) then went back to 0.21 again.Falling WedgeEVER Chart as of January 10, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-14261789477950658822008-01-10T20:45:00.001+08:002008-11-13T13:33:06.956+08:00

Today, this issue was traded outside the falling wedge pattern. I don't know if this is a breakout or just a touch at the resistance line.Let's see tomorrow if this issue will go up.Amazingly, it touch the Fibonacci Ratios 0.35 (23.60%) and went back to 0.32.Falling WedgeCYBR Chart as of January 10, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-68981065173273063262008-01-10T20:39:00.002+08:002008-11-13T13:33:07.123+08:00

Yesterday, I began to place ELI in my watch list. I saw from my chart that ELI has touch its support line and bounced back. Indeed, today ELI went up and tried to penetrate pass the 0.78.Right now, I'm waiting for the breakout pass the 0.78 price.Falling WedgeELI Chart as of January 10, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-41544449535791100922008-01-10T20:15:00.001+08:002008-11-13T13:33:07.319+08:00

PEP seems to be consolidating outside the falling wedge pattern. For the past few days, it has been trading within 1.26 and 1.36. I wonder if this stock move pass the 1.36, will this issue reach its target price @ 1.52 (by getting the previous high when the falling wedge was formed)? or 1.50 (by measuring the range height of 1.26 and 1.36)?Looking at this chart at a close range, I'm seeing a

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-15821728976596051922008-01-10T19:58:00.001+08:002008-11-13T13:33:07.555+08:00

Yesterday, I posted about GEO breakout from the falling wedge pattern. I have not seen huge volume but the issue went up today confirming the breakout yesterday.Now, I would like to see how this issue play along the Fibonacci Ratios0% - 1.6823.6% - 1.8038.2% - 1.8861.8% - 1.98100% - 2.18Well, it did touch the 1.80 (23.6%) today.Falling Wedge PatternGEO Chart as of January 10, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-30688985017544652512008-01-09T17:19:00.001+08:002008-11-13T13:33:07.632+08:00

I'm wrong about being bearish in this issue. I was corrected about falling wedge issues. It seems falling wedge are most of the time bullish.Today, this issue made a breakout. And, here's my Fibonacci ratios0% - 1.6823.6% - 1.8038.2% - 1.8861.8% - 1.98100% - 2.18This time I'm watching these ratios to study the falling wedge patterns and Fibonacci ratios.Falling Wedge PatternGEO Chart as of

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-83049609189365862642008-01-09T16:25:00.001+08:002008-11-13T13:33:07.713+08:00

Still analyzing the TA chart...After breaking out from the falling wedge last January 2, 2008, it has made a pullbacks/throwbacks back to the point where it made its breakout.It seems after reaching 1.38 it went back to 1.24, then went up to 1.32 and down to 1.24 then up to 1.28 =)I did the Fibonacci ratio and here are my figures23.6% - 1.2838.2% - 1.3261.8% - 1.38100% - 1.46Well, isn't it

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-56960924581831531202008-01-09T16:18:00.002+08:002008-11-13T13:33:08.221+08:00

I saw two patterns on this issue - Symmetrical Triangle and Ascending Triangle.Symmetrical Triangle VersionMA closed above the resistance line of the symmetrical triangle. Is this a valid breakout? I need to see a huge volume in tomorrow trading to push MA towards a valid upside breakout.My highest target price is @ 0.033 (measuring the height of the triangle base) But, using Fibonacci ratios it

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-72219572779948698592008-01-09T15:44:00.001+08:002008-11-13T13:33:08.552+08:00

^HOLDING & ^PROPERTY index is up today, but looking closely at the chart both are still in downward channel to me. So, I think this is just a bounce off from the support trend line.Downward Channel^HOLDING Index Chart as of January 09, 2008Downward Channel ^PROPERTY Index Chart as of January 09, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-59300441456428721512008-01-09T15:26:00.001+08:002008-11-13T13:33:08.733+08:00

Previous Post: ^MINING-OIL: Symmetrical Triangle (January 7, 2008)This is really something, for the past few days despite the negative sentiments only ^MINING-OIL index are making its move up. Way way to go M-O!The ^MINING-OIL index is clearly forming a symmetrical triangle on tops. Usually, this pattern are bullish consolidation pattern. This is what happen most of the time, though there are

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-65628421294750412062008-01-09T15:12:00.001+08:002008-11-13T13:33:08.888+08:00

Posted about this previously last Jan 7, 2008, ^FINANCIAL: Falling Wedge it seem today index closed at the support and even ended up on the positive side. Does this mean ^FINANCIAL index are bound to go up soon?Falling Wedge^FINANCIAL Chart Pattern as of January 09, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-84888998541122527682008-01-09T14:55:00.001+08:002008-11-13T13:33:10.624+08:00

Previous Post: ^PSEi: Falling Wedge (Jan 8, 2008)Yesterday, I am predicting that the ^PSEi index will bounced back and go up again. Despite the negative market sentiment bought about by the US Stock Market, the pattern is clearly showing a falling wedge.I hope the ^PSEi index will continue to move up or hold up within the support line. If this does, then I'm still bullish with Philippine Stock

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-2642254493142758152008-01-08T13:07:00.001+08:002008-11-13T13:33:10.789+08:00

I'm looking at short-term chart of ^PSEi and it seems to form a falling wedge. I'm not sure but for what I know since it cames from downtrend and wedge is pointing down, then this will continue to go down.I still need to find out if this is indeed a case for a wedge or it's just plain bullish for falling wedge regardless of what's the prior trend.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-72564609985370764572008-01-08T02:51:00.001+08:002008-11-13T13:33:11.051+08:00

I am closely monitoring this issue I want to see how wedges behave. After the breakout, it went down near its previous resistance but it did not went back inside the patten. Instead, price went up again after nearly touching the previous resistance @ 1.22Is this indeed a throwback? (I guess this is the correct term to use when it's on the upside breakout)MACD is positive. Plus, MACD is above

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-81776158298890310472008-01-08T02:32:00.001+08:002008-11-13T13:33:11.272+08:00

I'm seeing two bearish pattern in this issue. One, a falling wedge and Two, a descending triangle.Although falling wedge is known to be a bullish pattern. But, wedge should point opposite its previous trend. Since, GEO has been trending down we need a rising wedge to make this issue bullish. Unfortunately, we are seeing a falling wedge and this might signal a continuation of a downtrend. Looking

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-40139969691209766482008-01-08T02:13:00.001+08:002008-11-13T13:33:11.510+08:00

DFNN indeed a rising wedge, which is a bearish reversal. Right now, it is near the downside breakdown price @ 12.50.Hmmm, some resource says that this might do a pull back at it's previous support @ 15.25 being continuing to trend down. So, those who were not able to get out still has a chance.Now, I want to see if this issue will indeed make a pullback just to confirm that claim on rising wedge

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-60683977463319578842008-01-08T01:54:00.001+08:002008-11-13T13:33:11.767+08:00

On Jan 2, 2008, I posted about BC: probable pennant. Then, on Jan 4, 2008, I posted that this might be BC: Failed Pennant. In fact today chart shows a breakdown from the pennant. I was expecting the stocks to go down further. But towards the end of the trading period, this stock seems to be moving up. Hmm, what is this stock up to? (Disclosure: I still have this @ 20.00)PennantBC Chart as of

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-21777211874627821892008-01-08T01:43:00.002+08:002008-11-13T13:33:11.930+08:00

Hmmm, this is kinda weird in my previous post AP: Symmetrical Triangle I'm seeing a symmetrical triangle. But, right now I'm seeing a beautiful ascending triangle. Nah, this just prove that pattern recognition is very subjective, it's an art! Hehehe.Anyway, despite the market being down this issue seems to be doing alright. It's near its APEX now and this issue needs to decide whether to trend up

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-43250117222209225422008-01-08T01:35:00.001+08:002008-11-13T13:33:12.112+08:00

In my previous post, AJO:Descending Triangle I mentioned about it breakdown or downside breakout. So, will this issue continue to fall down and reach 0.075? Let's see....Descending Triangle PatternAJO Chart as of January 7, 20081/7/2008 O-.1 H-.1 L-.095 C-.0975

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-38465036565616694202008-01-08T01:28:00.001+08:002008-11-13T13:33:12.321+08:00

ABS is holding on its support @ 32.00. I see an ascending triangle which has a nice target price @ 38.0.Ascending Triangle PatternABS Chart as of January 7, 20081/7/2008 O-32 H-32.5 L-32 C-32

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-35728292293724392742008-01-08T01:16:00.001+08:002008-11-13T13:33:12.468+08:00

Among the sectoral index ^MINING-OIL index seems to be the only one still trending up. All we need now is index to go up tom and the MINING-OIL sector make it way back up.Symmetrical Triangle^MINING-OIL Chart as of January 07, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-61620638299224095692008-01-08T01:10:00.002+08:002008-11-13T13:33:12.600+08:00

Last week, the ^INDUSTRIAL index seems to be just consolidating inside rectangle. Today it breakdown from the rectangle pattern.Flag Pattern^INDUSTRIAL Chart as of January 07, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-54772356615213209482008-01-08T00:57:00.001+08:002008-11-13T13:33:12.753+08:00

The ^FINANCIAL index to me is a falling wedge which is a possible bullish reversal. Although, index today went below MACD and breakdown from the lower band. I am still bullish with the Financial sectors.However, the sector needs to do some upward movement. The pattern shows us that its near the APEX already. If the ^FINANCIAL index continue to fall down then this is already a failed Falling Wedge

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-75194563101415699982008-01-04T21:40:00.001+08:002008-11-13T13:33:12.951+08:00

I hope this indeed a falling wedge. I have a position @ 1.28. After it went up the other day as high as 1.38, it began to go down @ 1.30. I hope that will be the new support. Perhaps a small flag? =) and it just consolidating after its price accelerated.Falling WedgeTA Chart January 04, 2008But, volume does not agree for it to be a flag. =(

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-72194533389954921452008-01-04T21:19:00.001+08:002008-11-13T13:33:13.054+08:00

Here, last month I took position @ 1.44 because I thought it will form another pennant. Sadly, it went down to as low as 1.18. But, it established support at 1.18 and did not go down further. Then, past few days PEP is back in the move. Even though, the market is down this stock is making its move. Is this another pennant in the making? Unlike, my BC: Pennant post this time it has the volume it

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-38081090464969966432008-01-04T20:24:00.001+08:002008-11-13T13:33:13.118+08:00

Posted January 04, 2008, Updated January 05, 2008Symmetrical TriangleAP Chart January 04, 2008Update January 05, 2008Looking at this chart again, this is a failed symmetrical triangle. Remember effective triangle should be 80% distance from the apex. This chart is at the apex already. Perhaps, there's no volume to push the stocks up.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-29998840735584046372008-01-04T20:20:00.001+08:002008-11-13T13:33:13.266+08:00

Descending TriangleAJO Chart January 04, 2008

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-83064618544073623082008-01-04T19:54:00.001+08:002008-11-13T13:33:13.552+08:00

Is this ascending triangle in the form? Well, it's still early to tell. But, my observation the stocks established support @ 32.50 and resistance @ 34.50. If this is indeed an ascending triangle and it breaks out the target price @ 37.50 or might as well break its previous high @ 38.50.Ascending TriangleABS Chart January 04, 2008 O-32.50 H-32.50 L-32.50 C-32.50

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-76609323070474370292008-01-04T18:23:00.001+08:002008-11-13T13:33:13.646+08:00

I Chart January 4, 2008 O-4.35 H-4.70 L-4.30 C-4.65Will this issue get out of the downward channel? Will this start trending up soon?

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-46081112019035418272008-01-04T18:05:00.002+08:002008-11-13T13:33:13.752+08:00

This seems to be a good BUY with a target price @ 11.00

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-70557558213768728102008-01-04T17:38:00.002+08:002008-11-13T13:33:13.898+08:00

Previous Post: 01/02/2008 - PCOR: Falling WedgeIt seems PCOR is establishing a support @ 5.5, also the 4-wk low price.Falling WedgePCOR Chart January 04, 2007Will this touch 5.2 or 5.3 before it will move up and attempt to break out from the wedge?

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-82868970608721816722008-01-04T17:17:00.001+08:002008-11-13T13:33:14.156+08:00

In my previous post BC: probable pennant, I am pretty much bullish on this stock. Thus, I continue to hold on my position.Here's BC price history01/02/2008 O-20.75 H-21.75 L-20.50 C-21.0001/03/2008 O-21.75 H-21.75 L-20.50 C-21.0001/04/2008 O-20.50 H-20.75 L-20.00 C-20.00I looked at BC chart again and try to figure it out anew.PennantBC Chart January 04, 2008Is this supposed to be a 3rd pennant? I

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-58685218281858289682008-01-03T21:32:00.002+08:002008-11-13T13:33:14.294+08:00

First posted, January 3, 2008. Last update January 4, 2008.Symmetrical TriangleAPX Chart January 3, 2008 O-6.4 H-6.7 L-6.3 C-6.3Update, January 4, 2008.APX did not breakout from the Symmetrical Triangle. I think this is because of very low volume. No volume enough to push the stock up.Price update01/03/2008 O-6.4 H-6.7 L-6.3 C-6.301/04/2008 O-6.5 H-6.5 L-6.0 C-6.0

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-38230348680875752962008-01-03T19:12:00.001+08:002008-08-11T18:08:15.280+08:00

Three Moving Averages or Triple Crossover MethodDefault Settings: 4-9-18 day Moving Averages Combination (for Futures) and 5-10-20 day Moving Averages (for Commodities)Philippine Settings: 65-130-260 day Moving Averages (given by Mr. Bonner Dytoc of Absolute Traders)Buy Signal - 65 day MA cross above 130 day MA, stronger buy signal 130 day MA cross above 260 day MASell Signal - 65 day MA cross

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-74327189913186592532008-01-03T19:09:00.001+08:002008-08-11T18:08:19.494+08:00

Two moving average or Double Crossover Method, usually a 5 days & 20 days or 10 days and 50 days.Buy Signal - Shorter Average crosses Above the Longer AverageSell Signal - Shorter Average crosses Below the Longer AverageNotes:produce fewer whipsaws

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-17106806873860676302008-01-03T18:57:00.001+08:002008-08-11T18:08:23.297+08:00

Useful if trending...Buy Signal = Closing Price moves Above the Moving AverageSell Signal = Closing Price moves Below the Moving AverageNotes:must have a minimum threshold to avoid whipsawing - don't buy or sell immediately on the day of the buy or sell signal, there's a possibility that the price will fluctuate back to where it came from. It's better to give a day or two or number of price tick

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-18977989228946600552008-01-02T17:02:00.001+08:002008-11-13T13:33:14.792+08:00

Note: Posted on Jan 2, 2008, Last Update on Jan 3, 2008APC forming a falling wedge triple bottoms (see updates below), but there's no volume. Volume needs to build in order for it to break from the falling wedge pattern.Target Price @ 0.79 (take note: last 21 trading days high @ 0.71 & low @ 0.057)No position with this issue. But, will add this to my watch list.Update on Jan. 03, 2007Triple

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0tag:blogger.com,1999:blog-8466882696257328760.post-22480217233300224762008-01-02T16:51:00.001+08:002008-11-13T13:33:15.017+08:00

Today I saw PCOR forming a falling wedge.01/02/2008: O-5.7, H-5.9, L-5.5, C-5.9Last 5 trading days High @ 5.9 & Low @ 5.5Last 21 trading days High @ 6.5 & Low @ 5.5I did not have any position with this issue. But, I'll be watching this stock.

Abby Ongyanco-Limhttp://www.blogger.com/profile/12252666481747922557noreply@blogger.com0