Monthly Archives: June 2011

30 June 2011

24-24. Heads. Well, today was the ex-date for Ayala Corp.’s 20% stock dividend, payable July 29, 2011. AC declined by 15.65% to close at 319 Pesos. Looks like it will be awhile before this chart is usable for trend-followers. On … Continue reading

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29 June 2011

%-wise there weren’t any outsized, volatility-breaking moves on good volume. This was much unlike many of the recent sessions. It was a mixed session, with the value turnover leaderboard littered by the likes of TEL (-3.17%), MPI (-1.94%), EDC (-1.06%), … Continue reading

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28 June 2011

Determined sellers drove CHIB (-10.93%) off a cliff today. Looking at the past few days of trading, this could have easily caught out any number of trend-followers. Personally, I have my volume turnover filter and plain dumb luck (laziness) to … Continue reading

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27 June 2011

23-22. Tails. Besides my existing position in PX (-2.15%), nothing much looks interesting right now. I imagine shorter-term traders are already punting SECB (+2.16%). The PSEi was down 2.15 points, closing at 4,289.29 in a very mixed trading day. Gains … Continue reading

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Kagi Charts

Kagi charts were invented by the Japanese. “Kagi” refers to old fashioned L-shaped keys which the chart lines somewhat resemble. Kagi charts begin with the selection of a number amount. When the close from the base price is more than … Continue reading

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24 July 2011 – PSEi Analysis

Uptrend – LCB, MER, MWC, PX, SECB Downtrend – AGI, ALI, DMC, FLI, FPH, JFC, MEG, SM Sideways – ABS, AC, AEV, AP, BDO, BPI, EDC, FGEN, GLO, ICT, JGS, MBT, MPI, RLC, SMPH, TEL, URC The list above is … Continue reading

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24 June 2011

PSEi 4,291.44. A solid 50.30 point gain today. Finally, there is one stock pushing new medium- and long-term highs on good volume. PX gained 9.4% today. What’s the deal on Philex? http://www.bloomberg.com/news/2011-06-24/philex-advances-to-record-on-outlook-for-borrowing-costs-1-.html http://www.manilastandardtoday.com/insideBusiness.htm?f=2011/june/23/business2.isx&d=2011/june/23 Price up on good news is a … Continue reading

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