Monday, October 26, 2015

TEL update 10-27-2015


Sunday, October 25, 2015

MBT chart review 10-26-2015


GMAP/GMA7 : Election Play has paid off 10-26-2015


why so weak RCB?? 10-26-2015


Sunday, October 18, 2015

PSEi update 10-19-2015







I have been monitoring MBT and its weakness compared to BDO and BPI and worrying why it is not making new highs despite BDO and BPI making way to make new all time highs. And been stuck in the 74-100 range.

I managed to find time and knowledge how to re-adjust data using the Stock right offerings(SRO) that happened 2013 and 2014.

I tried to balance formulas how Bloomberg data managed to readjust data based from SRO.

P/E is 12x and relatively around the average fairly priced banks.

The process of issuing SRO can be mind buggling as a technical and fundamental trader, but I realized, things should balance out and adjust as necessary.

Looking into when it hit 100, It should have been a sell, since the spike from 68 to 103 last 2013 was a parabolic curve that near 100 was somewhat overpriced.

MBT is now in sideways pattern, and 6years bull market support has been re-adjusted for technical purposes.

Short term trades: resistance at 87-88, and if it breaks out, we may revisit 90-94

*seeing a head and shoulder pattern as well. But not to worry as of now. Will only be confirmed when it gets below 75. very very small chance to happen.

Friday, October 9, 2015

Jakarta avoided "technical bear market", HK still below expectations 10-9-2015



SPX (S&P500) Elliot Wave Count 10-9-2015

 Scenario 1 (50%) - Bullish Count

a break above 2040-2050 will confirm this count

Scenario 2 (50%) - slightly Bearish count, looking for a new downtrend low before the continuation of P5

if SPX encounters strong resistance near 2040-2050 and corrects, this could be the count



TEL, RCB, LPZ, ICT, FLI, AGI: update on RSI below 30, most have rallied almost 10% 10-9-2015







Tuesday, October 6, 2015

SPH : Basura in progress 10-6-2015


Monday, October 5, 2015

Strength of Nikkei lies around its currency Japanese Yen 10-5-2015



Friday, October 2, 2015

PSE stocks below 30 RSI. AGI, ICT, LPZ, PNB, RCB, TEL 10-2-2015

Please take a quick look, and appreciate 5-10year charts of these PSE stocks, most of them are technically in bear market territory. And are included in the Top30 PSE Index.

























HK and Indonesia: still under "technical bear market" territory 10-2-2015



SPX update 10-2-2015