1. $WLCON
The chart is still neutral though Deutsche and CLSA showed strength today for $WLCON to finish @ 5.23.
2. $CHP
Still have 3 more trading days to confirm whether the 5-6 April rally is for real. The volume doesn't look good and so are the lower low and lower high.
3. $APX
I consider it a good indicator to see First Metro as the only strong buyer today. It was a seller last 7 April @ 1.50 but a buyer now @ 1.54.
ABCap is still selling @ 1.53 but with a lower volume from a net amount of 1.3M down to 805k.
As a seller, COL is an unreliable indicator. Quality is a solid buyer @ 1.54 with 154k net amount.
Generally, the stock is still in the woods, rising but with lower volume. If volume will increase the next trading day, knowing the behavior of the stock, it is better to sell it the following day.
4. $CAL
Likewise, COL as a buyer is a weak indicator. Strategic is a stronger seller today than last 7 April. Not a good sign.
5. $DNA
BPI sold strong @ 6.49 with 1M net amount. Also not a good sign. Dragonfly doji is bullish but lower low/high is bearish.
6. $PX
BaSec is the only good indicator. Higher low/high but low volume. Candlestick is hanging man. Ideally, the price of gold tonight will dictate the price of gold stocks tomorrow, but for the past few weeks, this has not been true in the case of gold stocks @ PSE.
The chart is still neutral though Deutsche and CLSA showed strength today for $WLCON to finish @ 5.23.
2. $CHP
Still have 3 more trading days to confirm whether the 5-6 April rally is for real. The volume doesn't look good and so are the lower low and lower high.
3. $APX
I consider it a good indicator to see First Metro as the only strong buyer today. It was a seller last 7 April @ 1.50 but a buyer now @ 1.54.
ABCap is still selling @ 1.53 but with a lower volume from a net amount of 1.3M down to 805k.
As a seller, COL is an unreliable indicator. Quality is a solid buyer @ 1.54 with 154k net amount.
Generally, the stock is still in the woods, rising but with lower volume. If volume will increase the next trading day, knowing the behavior of the stock, it is better to sell it the following day.
4. $CAL
Likewise, COL as a buyer is a weak indicator. Strategic is a stronger seller today than last 7 April. Not a good sign.
5. $DNA
BPI sold strong @ 6.49 with 1M net amount. Also not a good sign. Dragonfly doji is bullish but lower low/high is bearish.
6. $PX
BaSec is the only good indicator. Higher low/high but low volume. Candlestick is hanging man. Ideally, the price of gold tonight will dictate the price of gold stocks tomorrow, but for the past few weeks, this has not been true in the case of gold stocks @ PSE.
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