PhilStockAnalysis

LMG Technical Analysis (March 15, 2017)

2017-03-15T23:39:00.001+08:00

LMG catches my attention today due to huge price drop. This is one of those examples that shows how Elliot Wave Analysis can help us identify point of ruin of a trend. LMG's price simply crashes after completion of its wave C. Right after testing a key resistance several times.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

CHIB Technical Analysis (March 13, 2017)

2017-03-13T12:57:00.000+08:00

A possible multi bagger or retirement stock. Target of wave 3 is around P72.00 or the P97.00. But take note this is the just wave 3. Impulse waves are 5 waves up but given this is an extended wave 3 then I can expect it to go above P100. Invalidation of current count is when that support area is broken.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

NOW is the Time to Buy?

2017-03-13T12:43:00.003+08:00

Now is currently forming an elliot wave corrective pattern. Looking for a possible buy at key demand areas.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

PSPC Technical Analysis (February 26, 2017)

2017-02-26T13:28:00.002+08:00

Let the chart speak for itself. A parabolic move happened on PSPC wherein profit taking has taken place just recently. Technically I am expecting it to go down towards next major support or demand zone.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

CAL Price Action Analysis (February 25, 2017)

2017-02-25T22:11:00.001+08:00

Here is my current price action analysis for CAL.

Technical Analysis (Elliot Wave)

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

Dissecting the MRC Chart (February 24, 2017)

2017-02-24T12:55:00.000+08:00

Weekly Chart

Seems like MRC on weekly chart is about to make an impulsive upward move. Possible wave 1 and 2 is already finish as viewed on the daily chart below.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

SLI Technical Analysis (February 20, 2017)

2017-02-20T12:56:00.000+08:00

SLI can be very challenging to trade due to the complexity of the waves. Drawing a trendline and spotting the next level of demand zone we can see that it is located on a very nice area where in buyers can possibly enter the market for the next move up.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

Risk Management 101

2017-02-17T13:06:00.001+08:00

In trading, money or risk management is very important. You need to be able to stay longer in the market in order to recover from a series of losses (trading drawdown). This is the most common mistakes of newbie traders. Here I will show you some examples how you can control your risk.

1. Percent Risk Method - In this method you risk only certain percentage per any given trade. Recommended is between 2% to 5% risk. But not more than 5%. Basically you adjust your position base on the recommended percentage every time you take a new trade in the market. Lets take a look at the example below. It will take you around 15 losing trades to half your overall capital on cases you acquire a series of losing trades.

2. Fixed Amount Method - This is similar to the fixed percent risk method. The only difference is that you reduce your trading risk by fix amount. Lets say for this case P5,000 risk per trade. This is 5% of a 100K capital. On this case it will take you around 12 losing trades to half your trading capital.

3. Portfolio Diversification - This is another method commonly use to reduce the risk by distributing your capital to 3 or more companies. Beware though of over diversification because it will make it very hard to monitor your investments. In my opinion good diversification that can already track the overall performance of the market is around 3 to 5 companies. But this depends also on ones capabilities.

4. Time Diversification - The last method is about dividing your capital into parts. Lets say you have a P100K capital. You can divide it from 5 to 10 equal parts, then buy a particular company at a predetermine interval lets say once or twice a month. The purpose of this one is to be able to readjust your initial investment on cases you made a mistake on entering too early. This is similar to Peso Cost Averaging method. Which can be applied together with Portfolio Diversification.

Summary:
What ever method you choose, the point is do not risk all your hard earn money at the same time. It is best to have a trading plan and minimize our greed by practicing some good risk management methods.

LIHC, ALCO, and PA Technical Analysis (February 15, 2017)

2017-02-15T18:37:00.000+08:00

LIHC Weekly Chart

LIHC is forming a complex correction on the weekly chart. A possible double-three pattern. I am eyeing the 0.9000 as fresh area of support/demand for LIHC. If such area holds then its possible LIHC will form a new leg up towards the upper line of the channel (wave Y).

ALCO Weekly Chart

Seems the wave 3 is done for ALCO's rally around 1.80. I believe it will try to rebound but will have less chance to go back to P1.80. P1.80 to P2.0 are key profit taking levels. People who are trap in the correction will most likely exit the ALCO during the rebound. IMHO, very dangerous stock be in right now.

PA Weekly Chart

PA is trying to stage a major rally. Key resistance levels are being penetrated. It needs to break 0.1000 to confirm the count.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

Industrial Sector Technical Analysis (February 13, 2017)

2017-02-13T13:23:00.000+08:00

Industrial Sector wherein energy companies belong may or may not bottom already. So far it is still around the corrective wave (4). Strong support to watch is the 8000 level. If broken target will be the support around 8300 level. Confirmation point is the ~12000 level.

Wealth Summit 2017

2017-02-10T12:09:00.002+08:00

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Support and Resistance Basics

2017-02-09T12:58:00.000+08:00

Here is a very nice video about support and resistance which I have found in the web. Most of the concepts I wanted to share with you are already there.

Basically support and resistance are key areas or zone in the chart wherein price will likely to reverse. You can find them in all time frames but the most significant once are those from the daily, weekly, and monthly,

Here are some examples:

EDC and CPG Technical Analysis (February 7, 2017)

2017-02-07T14:03:00.000+08:00

I am expecting EDC to climb towards wave (B) with invalidation point of around P5.00. Bullish divergence is also visible on my RSI indicator.

You have to be very patient if you are planning to trade CPG. There is no clear sign yet that the corrective wave is already over.

Technically CPG is still ranging around ~0.50 to 0.80.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

CHP Technical Analysis (February 4, 2017)

2017-02-04T22:10:00.000+08:00

CHP may look like its still ranging. But technically there are signs that this stock is about to move up. There is a bullish divergence as indicated by both RSI and MACD. It's able to finally make a Higher Low and Higher High pattern. Those signs are enough for me to say that CHP is kind of bullish right now. Immediate resistance is around P12.00.

On Elliot Wave perspective, I am expecting this stock to breakout to form the wave 3. Invalidation point of the current wave count will be the P10.64. A break of this level means we need to re-evaluate the chart.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

The Right Way to Measure Stock Gain

2017-02-03T13:07:00.000+08:00

How do we measure our gain? Is it by the amount we gain or the percentage of the amount gain?
To answer this question let me show you guys an illustration:

Lets say person A invested P10,000 to buy STOCK X at P5.00 each. With this amount of money he can buy a total of 2,000 shares. Which when he sell it at later time for P10,00 each he will have a total gain of P20,000. That would be a 100% gain. Now look at person B with a capital of P100,000. Same percent gain but different total amount of gain. This is because of the big difference of the amount they have invested initially.

So in SUMMARY I want to emphasize:
1. Start investing early so you can accumulate more money through time. Else you need a much bigger initial investment to have a much bigger profit.
2. Measure your gains in percentage and not by amount for it will give you a much clearer picture of how well your investment/trades is performing.
3. By focusing on the percentage it will help people to be less greedy or fearful. It removes the emotions which comes along when you focus on the amount you gain or loss on a particular stock.

Learn the Elliot Wave Trading Techniques

2017-02-01T12:34:00.000+08:00

A friend of mine will be conducting a lecture about Elliot Wave Analysis and will be supporting him for this event. See you there!

What does it take to be consistently profitable with your trades?

Learn the Elliott Wave trading techniques - one of the effective trading methodologies that you can master.

The Elliott Wave Principles offer a roap map of price movements which includes directions, reversal points, points of ruin, target zones for entries and exits, and the like. Learn some techniques how to apply the EWP in your forex &/or stocks trading from The Wave Trader.

Steer your wheels into becoming a consistently profitable trader!

Pre-registration Fee: Php 5,000
Walk-in Fee: Php 7,000
Inclusive of materials and meals.

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Join the Event Page:https://www.facebook.com/events/117712545400672/?notif_t=plan_user_joined&notif_id=1484018359708258

MSCI Emerging Markets Wave Analysis (January 30, 2017)

2017-01-30T13:02:00.001+08:00

Lets take a look at the wave chart of our MSCI index where in our market belongs. Base on monthly chart the index is forming a TRIANGLE pattern with point D max target estimation of around 1215.

Monthly Chart

On the Daily chart the index is still bullish. It shows a bullish inverted head and shoulder pattern whose projected target is not yet reach.

Daily Chart

In general the MSCI index is bullish in the short term with a potential of market correction towards the end of the year.

LTG Wave Analysis (January 27, 2017)

2017-01-27T23:12:00.000+08:00

Today a friend of mine (Jay) requested me to look at the chart of LTG which prompted me to check it out. I was amazed of what we have discovered. It seems LTG is about to make something huge in the next couple of weeks.

On the weekly chart it seems LTG is about to make an impulsive wave (3)/(C). This waves are the most strongest of the waves.

Weekly Chart of LTG

Daily Chart of LTG

On the daily chart, it is forming a expanding flat pattern which is about to explode for wave (3).

Key level to watch is that RED LINE. Once it is broken the count will be invalid. One of the things I have learn in my 8 years of trading experience is that the market will always prove to be right. And that exercising proper risk management is the key to success.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

The Beauty of Investing

2017-01-25T00:03:00.000+08:00

There are many ways to invest in the stock market. One of those known methods is Peso Cost Averaging. Wherein you add a fix amount of investment at a predetermined interval. Lets say you started investing P10,000 per month.on DNL last January 2015. You did not care of its charts because you only believe on the companies solid fundamentals as recommended by your broker.

You ride the ups and downs of the stock and continues to buy even when it corrects. Your mindset is just to keep on buying until the Fair Value or the Target Price set by your broker is hit. Lets see how much is the value of your investment by the end of 2016.

Wow! That's a hefty 25.42% gain! Now lets compare it to the Strategic Cost Averaging Method and see the result.

Not bad. You have a current gain of 35.08%. A little more than the Peso Cost Averaging.

But wait... You have taken some profit on some of those months. So the real Profit really is...

Now that's simply amazing!

Take Note:

This strategy is best for investors who wanted to earn huge amount of money in the stock market. It is different to the pyramiding techniques use by some traders. It is also not a martingale system. This is just one of the techniques I will be teaching only for my Elite Trading Group.

Learn to Keep It Simple

2017-01-24T13:02:00.000+08:00

Trading the charts is all about price action or reading the peoples sentiments over a particular time.

So its really funny to see some charts that is overlay complicated that you can't even tell what is currently happening to the stock.

Check out this chart which i found in forexfactory.com. What can you say about it?

You can find many examples of such charts on this link: Charts on Drugs or Works of Art?

Over complicating chart reading introduces analysis paralysis. So please learn to keep it simple.

In my elite trading group, I will be teaching members some basic tools which is enough to read the markets sentiments.

Two Emotions to Avoid in the Stock Market

2017-01-23T15:29:00.000+08:00

Stock Market changes in price everyday as a result of two market forces. We call these two forces as Supply and Demand. Demand occurs when buyers overcome the sellers causing the price to move up. The opposite of this one, is the Supply. It happens when sellers overcomes the buyers causing the price to move down.

Together with these two market forces comes two worse emotions: FEAR and GREED.

Most often people get caught up with GREED as a result of the desire to accumulate as much wealth as possible in the shortest time possible.Just as the market can become overwhelmed with greed, the same can happen with FEAR. When stocks suffer large losses for a sustained period, the overall market can become more fearful of sustaining further losses. But being too fearful can be just as costly as being too greedy.

The fastest way to lose your account is being Greedy and Fearful. They buy when the market is near its top and is about to make some major corrections. While they sell when the market is about to bottom and is about to make a major rally.

To avoid such emotions, one must follow a trading or investment plan that is well thought out and tested on any market conditions. One such plan is for investors is to use the peso cost averaging, SAM strategy, or the SCA method as teach from my elite trading group. For Traders, one must learn how to properly time the market using charts to avoid buying at the top and selling at the bottom.

PhilStockAnalysis Elite Traders Group

2017-01-21T16:08:00.002+08:00

I will be launching an elite traders group in facebook this year 2017. For now it will be open only to my subscribers of the TrulyRichClub. In that group, I will be helping interested individuals how to invest or even trade the stock market. We will be applying the SAM strategy as well as some other techniques to improve our performance. It is required that you will be registered under my affiliate link as well as have a personal facebook account.

One of those strategy that I am going to be sharing in the group is how to apply a modified version of the peso cost averaging to achieve a much better result. This is one of my favorite personal strategies that I am using and can also be use in trading.

In the table above, you can see that the total invested amount is much lesser than the peso cost averaging method. Yet, it resulted in a much higher return which is almost double than the PCA method. This method ensures that we buy more shares when the stock is cheap and fewer shares when it gets more expensive.

Aside from this one, I will be doing technical analysis to those stocks in the SAM watch list. We will be using the elliot wave analysis to get a bigger picture of that particular stock as well as other charting techniques. This will help increase the probability of our winning trades.

To be honest, its not easy to create such group. The small token that I will earn as affiliate marketer of the TRC will surely help me in pushing forward this project.

Hope to see you all in my elite traders group.

My affiliate link: https://bosanchezmembers.com/amember/go.php?r=9016
Please send me your TRC account name once you have registered so I can add you to the group.

The TrulyRichClub 2016 and Past Performance

2017-01-21T15:26:00.001+08:00

Lets take a look at the 2016 and past stock performance of the SAM recommended stocks. Be part of the trulyrichclub family and change your life this 2017.

For further details, visit: http://tinyurl.com/z23ldht

PSE Index Chart Analysis (January 20, 2017)

2017-01-20T18:27:00.001+08:00

Since my last update few years ago I have projected that our index will hit 7640. So far that target was long been achieve. Currently our index is ranging around the 6000 to 8000 levels. I am seeing two bullish possibilities for our index right now.

Figure 1: Running Flat

First possibility is that our index is forming an elliot wave running flat. This is a bullish pattern that can indicate that our index will soon break the 8000 resistance.

Figure 2: Triangle

Another possible pattern is the triangle. This will happen when the index will fail to break the resistance around 8100.

Both of my bullish counts will be invalidated when the area around 6400 or that lower line of the triangle is broken. Anyway, I prefer the triangle as a much higher probability for the two bullish counts. The main reason is the last drop is not very sharp and wave c have characteristics of being a killer wave.

I have also a bearish count for the index but will keep it for now.

Good luck to our trades this year 2017!

Website Relaunching

2017-01-18T19:05:00.001+08:00

Its almost 3 years since I last updated this website. A lot of wonderful experiences and learning since then. I feel that it is time to reopen and start writing blog post. See you around guys.