Primex Corporation (PRMX) has continued its ascent after it revealed my buy signal last 4 April 2018. A buy signal was spotted after the MACD closed above the signal line and the price closed above the 10-day Simple Moving Average (SMA) with conviction. Is PRMX bullish enough to break the resistance at 4.80?
The relatively low volume of Now Corporation (NOW) is not helping its share price inch up above the 61.8% Fibonacci retracement at 8.65. Although the price closed above the 10SMA last 11 April 2018, it failed to complete my buying signal since MACD did not cross above the signal line. Here are my sentiments on NOW.
Prime Orion Philippines (POPI) has just been wobbling in a sideways direction since it hit its all-time high of 4.10 last 26 February 2018. POPI has failed to continue its ascent due to a relatively low volume. Should you trade POPI near 3.38 or wait between 2.72 and 2.95?
Doubledragon Properties Corp (DD) failed to close above the resistance at 33.00 once again. Investors show no significant interest in this stock due to low volume. Longer-term SMAs are above the shorter-term ones. Foreign buying is weak. Should investors buy now or buy below 30?
Bloomberry Resorts Corporation (BLOOM) registered a total turnover value of P470.4 million as of 11 April 2018 and closed at 12.00 per share which led to a -8.40% Day Change. While BLOOM appears oversold on the Stochastic Daily, it remains overbought on the Stochastic Monthly. Is it good to buy BLOOM now?
Vitarich Corporation (VITA) passed through two resistance levels today, 10 April 2018, at 2.12 and 2.34. While it managed to stay above 2.12, it closed 3 ticks below 2.34 at 2.31 per share. Does it have enough bullish momentum to pierce the resistance at 2.33 all the way to 2.50? Here’s what I know.
Bloomberry Resorts Corporation (BLOOM) is closer to the support near 12.88. Traders are looking for a catalyst that will convince them to buy BLOOM above 14.90. Foreign investors seemed to have stopped their panic-selling today. Could it be the sign of reversal that BLOOM traders have been waiting for?
I mentioned in my article “Leisure & Resorts World (LR): Sell at 8.28 or Catch It at 5.55?” that while the price was bullish, its Top 10 Players sentiment was not as bullish of LR’s price. LR was already overbought during that time. Should we buy LR now or wait near 5.55? Here’s what I know.
Global Ferronickel Holdings (FNI) has been in a downtrend channel since 2015. It seemed to have hit its bottom in January 2016 but it failed to sustain its ascent beyond 4.29 in 2016. FNI is on a Net Foreign Buying worth P61.6 million today. Is FNI bullish enough to break above 2.68? Here’s what I know.