Stock in Focus: Trans-Asia Oil and Energy Corp (PSE:TA)

Stock in Focus: Trans-Asia Oil and Energy Corp (PSE:TA) The stock, Trans-Asia Oil and Energy Corporation (PSE:TA) is generally in bearish trend both in short and midterm. 1. In a daily chart (based on last traded price as of July 3, 2015), MACD line is trying to cross the signal line which signifies a reverse…

Bullish Patterns: $PPC & $CROWN as of July 3, 2015

Bullish Patterns:  $PPC & $CROWN as of July 3, 2015: Here’s the price action which seems like a bullish pattern of $PPC (Pryce Corporation) The breakout of the resistance level at 3.55 & 3.67 is an an interesting move. Here’s another bullish pattern of $CROWN (Crown Asia Chemicals Corporation) An interesting move is a breakout…

Technical Analysis of FNI & URC as of 16 June 2015

Global Ferronickel Holdings, Inc. (PSE:FNI) FNI last traded price as of June 16, 2015 is 1.71.  Based on daily chart, short term trend is bullish as per ichimoku elements.  The critical resistance levels that FNI need to break are the 38.2% fibonacci at 1.90 and 50% fibo at 2.10. However, there are also support-turned resistance…

Stock In Focus: $FNI, $PSPC & $BEL as of 18 May 2015

Here’s the stock in focus: GLOBAL FERRONICKEL HOLDINGS INC (FNI) Global Ferronickel Holdings Inc (PSE:FNI) is in a trading range between 1.80 to 1.92. This is supported by its RSI which is neither oversold nor overbought and ADX which is chopping around sideways. Considering that short and midterm trend is still bearish as per ichimoku…

PSEi Seems To Be On Pullback Before Hitting 8K Again

PSEi seems to be on pullback before hitting 8K again. Longer time-frame shows that the index is still intact.  As of 30 April 2015, price action is headed for short term correction which is healthy correction on uptrend.   PSEi as of 30 April 2015 closed at 7714.82. As of this date, short term trend is…

Why Margin of Safety Is Important

I read an article from oldschoolvalue.com on Why Margin of Safety Is Misunderstood And Not Used Enough where the “single most important factor in focusing on margin of safety is buying an investment at a lower price than the valuation.”  I agree with Jae Jun that most investors would link margin of safety to quality…

If $X 2016 is 400, find its FV

It is indeed difficult to find the value based on the equation, if $X 2016 is 400, find its FV. Technically, Xurpas Inc (PSE:X) is in a strong downtrend. I was not able to post the chart on March 30 which bounced from its strong resistance from the upper trendline. The lower trend-line was broken. …

Is $ACR showing weakness after the false breakout?

Technically, Alsons Consolidated Resources, Inc. (PSE:ACR) price action on 30 March 2015 was a breakout from months of consolidation however, it was a false breakout after a high of 2.36 and closed at 2.14.  As of April 7, 2015, $ACR last traded price is 2.04 which is already in the bearish zone in the short…

$FNI Update as of 31 March 2015

Global Ferronickel Holdings Inc (PSE:FNI) last traded price as of 31 March 2015 is 1.84, a huge drop from 2.62 when I wrote about $FNI stock on top 5 reasons why FNI is a bagger stock.   This stock is the “talk of the town” from twitter and FB fora and groups. The following factors could…