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…

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…

Technical Analysis on $BEL as of March 27, 2015

This technical analysis of $BEL as of March 27, 2015 is based on patterns. This pattern was kept few weeks ago but just updated today.  This pattern is a weekly chart of $BEL where the lower trend-line is broken. $BEL is still in bearish trend in a weekly chart.  There is a support at 4.14…

$DNL: Is there a sign of pullback?

$DNL Daily Chart $DNL last traded price is 20.15 as of March 25, 2015, short term trend is still bullish but weak. The critical support to watch out for is located at 38.2% fibonacci retracement level at 18.96. There is also resistance-turned support on Feb 18, 2015 at 19.98. Midterm trend is still bullish but…