today's log (31 jan 2012)

bot bak some uni

bot bak some lmg

today's log

sold my last joh
sold my last ace
bot some perc

not much trading for me today

today's log

felt totally stupid today:

day traded apxb .. sold too early
bot bak lcb (initial position) bot too late

bot bak the fdc i sold the other day ... will let this sleep na.
sold a few more ace. keeping a few more for the further trek up.

marc breached 2.20 closing @2.22. thinking of adding a few more if this breaks 2.25

will make my weekend monitoring summary later.

mag beer muna ako. (stupid stupid me)




 

today's log

sold my lmg's last thursday. didnt know what the plan was but the other allies of the main actor came to the rescue ... with pcci net selling. it was a good overnight trade for me. sold a few more ace .. with just 1/3 of my position still intact.

may buy bak my original fdc position this friday.

today's log

yesterday .. lmg got some price action again. i was not able to monitor the whole trading session as im preoccupied with something else more important than trading .. altho i was checking out the trading thru my netbook from time to time.

anyways .. people were wondering as to who the mystery buyers of lmg were hehehe. they say its this infamous trader who uses a particular broker for his operations .. i guess theyll just have to guess yet still wont know. hahaha.

today's log

agi - big red candle; down 28 cents; macd and histogram still both above 0 but histogram is declining; rsi declining; stochs gave a sell signal .. 11 pesos should be a good support level. chart is not a good sight to look at .. however im not selling my agi ... yet.

fdc - added a few more fdc's today .. in addition to the position established at the 3.41-3.44 levels last week. nice price action today .. tho lots of previous week's buyers already started selling their shares this morning. selling fdc is not in my cards as yet.

glo - another big red candle; macd is about to give a sell signal; both rsi and stochs gave a sell signal. wont be looking at glo for sometime to come.

scc - 230 seems to be a tough resistance to breach; macd still improving .. waiting for the buy signal

secb - feels good secb lost a lot today hehe. it closed @110 .. lower than where i sold my last batch a few days ago based on my overbought reading of the stock. hoping it falls some more below 110 in the coming days.

my dark horse bets for 2012 (23 jan 2012)

2011 saw most of my dark horse bets rising to ceiling levels. sometimes it pays to be an early bird ... silently buying when no one is watching, silently waiting .. until the moment when the market decides the time for waiting is over and the time to reward patience is at hand .. and it unleashes the hunger and greed of the buyers into a buying frenzy ... thats when i obligingly sell my position i have patiently built over a long period of seeming nonactivity. by the way, i no longer have any position in the previously mentioned 2011 dark horse bets.

remaining on my list of dark horse bets are ca and prim.

ca has had 2 ceiling runs last year. however, these i deem as mere practice runs for the real thing which i speculate is still to come. im counting on a long shot possibility that ca could be a backdoor candidate to one of several subsidiaries of the ortigas holding company .. it may even be the backdoor vehicle for the ortigas holding company itself. who knows?

prim is my bet for a possible backdoor listing of another of mr. manny pangilinan's babies. it has already been rumoured before that prim is a possible backdoor candidate for tv5 and/or any of mr. pangilinan's media acquisitions (newspapers, radio stations, etc).

my choice of ca and prim has no fundamental nor technical basis. just like my previous dark horse bets, they are purely based on speculative hunch/analysis of possible future price action.


happy chinese new year to all! may the year of the dragon be richly rewarding for all of us traders.

note: this entry has been updated ... see: my dark horse bets for 2012 (updated)

The Ninja Stock Monitor

selected technical indicators of PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower



20 January 2012 closing prices


scc (semirara mining)

c: 229 (higher)
s: 226 (intraday low), 224
r:  230 (intraday high), 230.60, 234
vol: -
dmi: +/42.08(+)
macd: > 0
macd histogram: < 0
macd histogram direction: +
rsi: 62.95 (higher)
sts: 66.09 (higher)
rem: macd may give a buy signal in the coming days ... critical would be 230 .. 230.60 and 234 (which is equivalent to the 2011 pre-cash div price of 244)

The Ninja Stock Monitor

selected technical indicators of PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


20 January 2012 closing prices

agi (alliance global)

c: 11.38 (lower)
s: 11.36 (intraday low), 11.32, 11, 10.84
r:  11.50 (intraday high), 11.60
vol: -
dmi: +/32.17(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (down)
rsi: 66 (lower)
sts: 87.78 (lower)
rem: agi had a fantastic run the past week, reaching a high of 11.60 before finally closing the week @11.38. macd is slightly off its high, tho the rsi is still below overbought levels while sts is inching lower to the 80s. id still wait for one or two more candles to see where the doji two days ago is hinting agi will go. UBS has given agi a buy rating with a 12-month price target of 15 pesos.

The Ninja Stock Monitor

selected technical indicators of PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


13 January 2012 closing prices

agi (alliance global)
c: 10.90 (higher)
s: 10.88 (intraday low), 10.80
r:  11.26 (intraday high), 11 (psych res)
vol: -
dmi: +/23.76(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (down)
rsi: 57.53 (lower)
sts: 86.59 (lower)
rem: agi, after briefly closing above 11 pesos .. its sts reared its ugly head to drive down agi again below 11 pesos. sts is still at overbought levels ... which may drive agi much lower in the coming days. just continue trading plan.


glo (globe telecom)
c: 1137 (up)
s: 1122 (intraday low), 1114, 1100 (psych support)
r:  1155 (intraday high)
vol: -
dmi: +/23.64(-)
macd: > 0
macd histogram: < 0
macd histogram direction: - (down)
rsi: 59.32 (higher)
sts: 41.84 (lower)
rem: continue monitoring

pgold (puregold)
c: 18.36 (lower)
s: 18.04 (intraday low)
r:  19.20 (intraday high)
vol: average
dmi: + /50.19 (-)
macd: > 0
macd histogram: < 0
macd histogram direction: - (down)
rsi: 60.17 (lower/sell signal)
sts: 66.55 (higher)
rem: rsi gave a sell signal ... monitor for possible reentry


scc (semirara mining)
c: 224 (lower)
s: 223.6 (intraday low)
r:  226 (intraday high)
vol: average
dmi: +/39.83(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (down/sell signal)
rsi: 55.44 (lower)
sts: 60.03 (lower)
rem: macd gave a sell signal ... monitor


secb (security bank)
c: 106 (unchanged)
s: 105.5 (intraday low)
r:  106.20 (intraday high)
vol: average
dmi: +/42.2(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (down)
rsi: 79.71 (unchanged)
sts: 95.63 (lower)
rem: secb is trading at its highest (pre-stock div) ever. rsi and sts indicate overbought levels. possible weakening in the coming days

The Ninja Stock Monitor

selected technical indicators of PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


6 January 2012 closing prices

agi (alliance global)
c: 10.62 (higher)
s: 10.52 (intraday low), 10.50
r:  10.70 (intraday high), 10.73 (200 DMA), 10.78, 10.92, 11 (psych res)
vol: +
dmi: +/15.36(+)
macd: > 0
macd histogram: > 0
macd histogram direction: + (up)
rsi: 54.94 (higher)
sts: 66.52 (higher)
rem: almost 50 centavos up from its most recent bottom .. macd and sts still pointing upwards .. 200 DMA still the damocles sword weighing down on agi. break the 200 DMA! .. breach 11 pesos! and advance beyond 11.10! .. thats my AGI war banner!



glo (globe telecom)
c: 1135 (down)
s: 1118 (intraday low), 1100 (psych support), 1070
r:  1220 (intraday high)
vol: +
dmi: +/31.85(-)
macd: > 0
macd histogram: > 0
macd histogram direction: - (down)
rsi: 59.95 (lower/sell signal)
sts: 85.06 (lower)
rem: price and indicators point glo needs to be left alone for a while ... monitor for reentry.

pgold (puregold)
c: 18.00 (lower)
s: 18 (intraday low), 17.82 (20 DMA), 17.76
r:  18.20 (intraday high), 18.44
vol: average
dmi: + /50.67 (-)
macd: > 0
macd histogram: < 0
macd histogram direction: - (down)
rsi: 63.56 (lower)
sts: 45.29 (lower)
rem: continue monitoring


scc (semirara mining)
c: 225.80 (lower)
s: 225 (intraday low), 222.40
r:  228 (intraday high)
vol: -
dmi: +/33.98(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (down)
rsi: 63.3 (lower)
sts: 84.31 (higher/overbought)
rem: watch closely


secb (security bank)
c: 101 (higher)
s: 99.9 (intraday low)
r:  101.3 (intraday high)
vol: average
dmi: +/31.42(+)
macd: > 0
macd histogram: > 0
macd histogram direction: + (up)
rsi: 69.23 (lower)
sts: 86.67 (lower)
rem: psych support held .. should be positive for secb

my trading rules

1. when do i buy?

2. when do i sell?

3. what i dont

4. my trading tactics

5. my trading routine

6. how do i pick stocks to trade 

7. entering a trade 

8. an afternoon chat: a question about stop-loss orders/trailing stops

this post is a work in progress: subject to change without prior notice ;)


back to: trading rules