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andrew.rosanes'  Instablog

andrew.rosanes
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An investment analyst
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  • Trading The Philippines Holding Conglomerates: The Unorthodox Art Of Trading

    Hello Folks, If you have reading my blog, I was predicting a five wave completion of pattern breakdown, but the market went ballistic upward with in-line estimates earnings breaking most of the companies area pattern upside bias. In hindsight 5400 was a cheating area already of getting heavy because of good risk reward ratio. The 5500 reached move was thd BPI, PNB news that made the banking sector a big weekly move that supposed to be a month move gain. Followed suit was holding company breaking out to name a few AC, SM, LTG, AGI. As of now the PCOMP is 5807 and I just saw in cnbc a couple of hours ago a ytd of 32%. I'll bet that the pro's made a profit of at least 60 - 100 ish pecent YTD, Kudos to you. I hope I'll be like this pro someday.

    Ill share you a strategy which I think will beat most banks mutual funds etc. Since average investor put little money in the fund, if it goes down they'll put more or if goes down you'll also put more which is the same nonetheless cause you wont count it anyway. Anyway this is laid back easy position trade with less risk. Buy holding companies since it just breakout with minimal just for now. When it goes up 40 ish percent sell or sell half. Put trail stop @ weekly low. Happy trading

    (click to enlarge)PSEI

    (click to enlarge)AC

    AC BOOM!

    (click to enlarge)SM

    SM FLIGH HIGH!

    (click to enlarge)AGI

    AGI READY FOR TAKE OFF :)

    Dec 11 2:01 AM | Link | Comment!
  • Why The Philippines Stock Market Index Could Poised To Go Down And Find Some Support At 4900ish

    (click to enlarge)Philippines Index

    The Philippines market is poised for a high probable reversal as for the area pattern that I draw. if you would look at the chart it goes higher high and higher low every time but it just creeps up and every time it does, it just becomes weaker and weaker. if you look at the macd it clearly paints the whole picture of pending mini breakdown. as for events that are happening this past few months. The same story is here and there and theres no fresh stories out of overall Philippines business. In terms of fundamental as to what I read in news, broker, etc. There also painting a picture that prices of most stocks now aren't cheap and as for property prices it just the same. I guess is poised for a breather until theres new developments. Its time to lighter up with the market stance until I see momentum moves and joined them and that proves I'm wrong

    Oct 24 2:57 AM | Link | Comment!
  • APM - Every Traders Dream......

    APM is a stock that every trader dreams about. Imagine if you have bought at .02 cents and sold it at .06, how amazing you are. 1 million pesos would become 3 million pesos in a matter of a week. I have seen this move before and its basically the same thing. Most people own psychology would drive this stock up into exhaustion and falls. I am bearish with this stock because all the people who have bought at consolidation and breakout are having a hefty profit and they can unload anytime. if assuming your going to buy now and the strategy is buying at narrow silent candlestick or aiming yesterday's break high, you might as well be killed, odds aren't your side. Again I am just playing in with odds and it might still go up who knows? .50 cents maybe? My assumption here is to the way APM moves, it would just consolidate for about a longtime or just go down drastically.

    (click to enlarge)APM Kaboom

    DISCLAIMER : The author is not promoting any stock to buy and sell. The author did not and have not received any compensation from any company whose stock appears on this site,There is substantial risk of loss trading stocks, options, and futures. You need to determine your own suitability to trade stocks.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Oct 11 11:52 PM | Link | Comment!
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