a filipino trend follower's blog: March 2017

Friday, March 31, 2017

chart monitor: PMPC/PANASONIC MANUFACTURING PHILIPPINES CORP. (31 MAR 2017)

PMPC chart as of 31 MAR 2017

(click on the chart to enlarge)

remarks:

chart monitor: BEL/BELLE CORPORATION (31 MAR 2017)

BEL chart as of 31 MAR 2017

(click on the chart to enlarge)

remarks:

SCHEDULE OF MEETINGS

BPI

Annual Stockholder Meeting

20 APR 2017

http://edge.pse.com.ph/openDiscViewer.do?edge_no=29cfb1a4822218da3318251c9257320d#sthash.HT1t6aU1.dpbs

FDC
Annual Stockholder Meeting
28 APR 2017
http://edge.pse.com.ph/openDiscViewer.do?edge_no=21868aad2d552f393318251c9257320d#sthash.Y0Adxd05.dpbs

BMM
Annual Stockholder Meeting
28 APR 2017
http://edge.pse.com.ph/openDiscViewer.do?edge_no=7fd4314bcda9739b3318251c9257320d#sthash.bJNDAD0h.dpbs

FFI
Annual Stockholder Meeting
09 MAY 2017
http://edge.pse.com.ph/openDiscViewer.do?edge_no=8685a2ca23654c513318251c9257320d#sthash.fXHprExF.IVt1sDCC.dpbs

MPI

Annual Stockholder Meeting

26 MAY 2017

http://edge.pse.com.ph/openDiscViewer.do?edge_no=07ceaf0241976f9e3318251c9257320d#sthash.vTySwV8i.dpbs

MER
Annual Stockholder Meeting
30 MAY 2017
http://edge.pse.com.ph/openDiscViewer.do?edge_no=75ba9c3af13373ee3318251c9257320d#sthash.sGH8iNjd.dpbs

PBC
Annual Stockholder Meeting
06 JUN 2017
http://edge.pse.com.ph/openDiscViewer.do?edge_no=31c93c1536436b433318251c9257320d

JAS
Annual Stockholder Meeting
13 JUN 2017
http://edge.pse.com.ph/openDiscViewer.do?edge_no=44d4b55ce6132e2d3318251c9257320d#sthash.gnq7QR9H.dpbs

APO
Annual Stockholder Meeting
14 JUN 2017
http://edge.pse.com.ph/openDiscViewer.do?edge_no=cf30ba07ca16bcbd3318251c9257320d#sthash.Nk2xB2EF.dpbs

in the news: SMART COMMUNICATIONS

MWIDE chart as of 30 MAR 2017

(click on the chart to enlarge)

remarks:

chart monitor: BEL/BELLE CORPORATION (29 MAR 2017)

BEL chart as of 29 MAR 2017

(click on the chart to enlarge)

remarks:

TRANSACTIONS (29 MAR 2017)

sold my remaining 5k of UBP .... wala na pera e ... just making ready for possible acquisitions

chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (29 MAR 2017)

MWIDE chart as of 29 MAR 2017

(click on the chart to enlarge)

remarks:

CAMFROG ADVENTURES (9): "REXXIE" (27 MAR 2017)

chart monitor: 2GO/2GO GROUP, INC. (27 MAR 2017)

2GO chart as of 27 MAR 2017

(click on the chart to enlarge)

remarks:

if i were a short term trend follower*: MED/MEDCO HOLDINGS, INC (26 MAR 2017)

MED chart as of 24 MAR 2017

(click on the chart to enlarge)

remarks:

1. MED closed higher to 68 centavos ... up 1.49% ...

2. support: 65 centavos ...

3. resistance: 73 centavos ...

3. the macd histogram is above the 0 - horizontal ... it is higher ...

4. MED is in a tight range right now: 65 - 73 centavos ... it is not doing anything ... not nice for a trend follower ... if i were a short term trend follower* ... ill wait muna ... maybe if it goes above 73 ... then maybe ill consider buyng ...

for my last MED ... click here: if i were a short term trend follower*: MED/MEDCO HOLDINGS, INC (26 FEB 2017)

* what is a "short term trend follower"

* these notes are good only for the next trading day ... and NOT for the subsequent trading days

* these notes are mine alone ... and are for sharing with short-term trend followers

for more philippine stock market views and information please check:

FINANCE MANILA

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

click here for an explanation of the indicators ...

click here for my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.

CAMFROG ADVENTURES (8): "MASK", "GEEKCHICK" (26 MAR 2017)

stok tots: a question from a beginner (25 MAR 2017)

heres a question from a beginner ... and my response ...

OK Sir Shoyu, thanks for your great advice. Yun muna ang susundin ko for now.

Di talaga ko trend follower, I really have a little knowledge about stock trading. I didnt check my account for about 6 months since August. But i decided now na magbuy and sell ng stocks and not the long term way.

I also decided to learn more about stock trading.

Napakaraming charts to choose pero di ko alam ang best na dapat gamitin. So far ang lagi ko lang tinitignan is yung MACD, RSI, and Volume and the candle stick graph to follow the trend.

Any recommendation where should i start. Or anything na dapat ko unahin aralin para gumaling sa pag trade.

Thanks in advance so pagsagot.

P.S. I always check your Shoyu's Ramen House post and back read sometimes. I see a lot of people respect your advice and insights kaya sayo ko lagi magtatanong...

welcome to stock trading ..

im a trend follower .. so obviously what i say comes from a trend following perspective ...

i let the others tell about their systems ..

pero masasabi ko lang ...

simple lang ang trading ... and for me the MACD will be it ...

kalokohan yan RSI ... pandadgdag lang yan sa indicators na di naman pakikinabangan ..

if you ask me .. just study the MACD ..

and hindi nga buong macd ginagamit ko .. yun histogram lang .. anyways ... yun lang ..

if you have further questions ... fire away! ..

good luck!

chart monitor: JAS/JACKSTONES, INC. (25 MAR 2017)

JAS chart as of 24 MAR 2017

(click on the chart to enlarge)

remarks:

1. JAS closed lower to 3.60 ... down 1.10% ...

2. resistance: 3.79 ...

3. the macd histogram is higher ...

4. to me .. the stock is still "in play" ... so hold lang ako ...

for my last JAS chart entry .. click here: chart monitor: JAS/JACKSTONES, INC. (13 MAR 2017)

* what is a "short term trend follower"

* these notes are good only for the next trading day ... and NOT for the subsequent trading days

* these notes are mine alone ... and are for sharing with short-term trend followers

for more philippine stock market views and information please check:

FINANCE MANILA

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

click here for an explanation of the indicators ...

click here for my trading rules

if i were a short term trend follower*: ALCO/ARTHALAND CORPORATION (25 MAR 2017)

ALCO chart as of 24 MAR 2017

(click on the chart to enlarge)

remarks:

1. ALCO closed lower to 1.30 ... down 1.52% ...

2. support: 1.27 ...

3. the macd histogram is still below the 0 - horizontal ... it is lower ...

4. if i were a short term trend follower* ... ill wait muna ... until the macd histogram is rising na .. then maybe ill buy ...

for my last ALCO chart entry .. click here: if i were a short term trend follower*: ALCO/ARTHALAND CORPORATION (16 MAR 2017)

* what is a "short term trend follower"

* these notes are good only for the next trading day ... and NOT for the subsequent trading days

* these notes are mine alone ... and are for sharing with short-term trend followers

for more philippine stock market views and information please check:

FINANCE MANILA

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

click here for an explanation of the indicators ...

click here for my trading rules

Friday, March 24, 2017

in the news: BPOs: BUSINESS PROCESS OUTSOURCING (01 FEB 2017)

chart monitor: MRC/MRC ALLIED INCORPORATED (23 MAR 2017)

MRC chart as of 23 MAR 2017

(click on the chart to enlarge)

remarks:

in the news: MG/MILLENNIUM GLOBAL HOLDINGS, INC.

in the news: AT/ATLAS MINING

chart monitor: MG/MILLENNIUM GLOBAL HOLDINGS INC. (22 MAR 2017)

MG chart as of 22 MAR 2017

(click on the chart to enlarge)

remarks:

CAMFROG ADVENTURES (7): "GEEKCHICK" (22 MAR 2017)

stok tots: question on MRC (22 MAR 2017)

i got two pm's sa FM on MRC just now .. here is my response to one of the questions ...

Hi Sir Shoyu

Your comment on your blog uesterday , notice you have no mentioned about what price support and have many resistance level.

Do you mean this will be on a roll for a couple of days? Which is still safe to enter at this price?

Did not enter yesterday when price appreciation was already 5% thinking it would be up to about 8% up from previous price.

Thanks for your guidaance as a trend follower

walang price support kase seller na ako e .. when it is trending up ... resistance yung relevant sa mga trend followers ... they sell when their stops are hit .. or BUY more if the resistance is broken ..

i dont know where the price will go .. i just buy and hope for the best .. sell when my stops/cut losses are hit .. add when the price is rising .. until the time my budget for the stock is filled ... ganun lang ...

somebody asked me just now also on FM when is the time to buy .. ill quote na lang my answer to him ...

"i have a maximum of 2-3% of money on each stock .. exceptional na yung 10% .. so if you have more than 3% of your money on MRC .. if you are a trend follower ... i advise you NOT to add na ..

but if you still insist on adding ... you can buy anytime naman .. di ko naman alam kung tataas o bababa .. hahaha ... you may buy konti lang now if you want ... then wait ... if bumaba .. if you are a strict trend follower .. you SELL when your stops are hit! wait for the macd to be below the 0 - horizontal and when it is pointing up na to consider buying again ...

or .. you just stay put and just wait amd sell then your stops are hit .. and buy na lang ulet then the macd histogram is in the buying point ...

im not a manghuhula so i really dont know what will happen to each stock ...

"

i dont have any price targets so wala yun 5% or 8% na yan .. if it is time to buy .. BUY .. when it is time to sell .. SELL.

yun lang and good luck sa aten!

in the news: GAMING

TRANSACTIONS (21 MAR 2017)

bot a few more MRCs

sold a few PIZZAs to cover my MRC purchase

chart monitor: MRC/MRC ALLIED INCORPORATED (21 MAR 2017)

MRC chart as of 21 MAR 2017

(click on the chart to enlarge)

remarks:

CAMFROG ADVENTURES (6): "GEEKCHICK" (21 MAR 2017)

CAMFROG ADVENTURES (5): "MICHIECHA" (21 MAR 2017)

chart monitor: MER/MANILA ELECTRIC COMPANY (20 MAR 2017)

MER chart as of 20 MER 2017

(click on the chart to enlarge)

remarks:

MRC chart as of 20 MAR 2017

(click on the chart to enlarge)

remarks:

non-stok tots: doctor's tales 2 - pag-ingatan ang mga dalang bata! (18 MAR 2017)

my brother who is a pedia-pulmo (or pulmo-pedia) doctor had a sad incident to share with us over dinnertime ...

last week ... in the citymall in boracay ... a 2-year old kid was placed on a cart by his parent ... who was busy looking over some grocery stuff ... when all of a sudden the kid fell off the cart ... dinala sa local clinic yun bata but he needed more specialised care ... so they brought him to the mainland sa kalibo ... konti lang naman specialist doctors sa kalibo so my brother was called as one of the attending doctors ... comatose yun bata ... sabi nun surgeon he advised against opening up the kid ... 3 days later namatay na yun bata ...

chart monitor: PMPC/PANASONIC MANUFACTURING PHILIPPINES CORP. (18 MAR 2017)

PMPC chart as of 17 MAR 2017

(click on the chart to enlarge)

remarks:

chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (17 MAR 2017)

MWIDE chart as of 17 MAR 2017

(click on the chart to enlarge)

remarks:

chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (16 MAR 2017)

MWIDE chart as of 16 MAR 2017

(click on the chart to enlarge)

remarks:

ALCO chart as of 15 MAR 2017

(click on the chart to enlarge)

remarks:

1. ALCO closed lower to 1.38 ... down 2.13% ...

2. support: 1.34 ...

3. the macd histogram is still below the 0 - horizontal ... it is lower ...

4. if i were a short term trend follower* ... ill wait muna until the macd histogram is rising na .. then maybe ill buy ...

* what is a "short term trend follower"

* these notes are good only for the next trading day ... and NOT for the subsequent trading days

* these notes are mine alone ... and are for sharing with short-term trend followers

for more philippine stock market views and information please check:

FINANCE MANILA

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

click here for an explanation of the indicators ...

click here for my trading rules