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…

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…

8990 Holdings, Inc: Will $HOUSE uptrend continue?

8990 Holdings, Inc (PSE:HOUSE) stock last traded price is 9.76 as of 13 March 2015. $HOUSE price action is going down for the past 3 consecutive days.  In the daily chart as indicated above, it is approaching near the lower trendline after rejecting the high at 10.50.  If this trendline will be broken, a strong…

Lopez Holdings Corporation (LPZ): 15-Year Timeframe

The price action of Lopez Holdings Corp (LPZ) stock, as can be shown in a 15-year time-frame based on daily chart is already located near a very strong resistance trendline. chart courtesy of http://fm.advfn.com/ This resistance trendline is located above 78.6% fibonacci retracement estimated at 8.99/9.0 and 9.10.  Once this trend-line will be broken, next…