$ABA $APL - Speculative
$FRUIT - IPO play
$CHP $GREEN - recommended but . . .
$IRC - infra play
$LPZ - old conglomerate
$MFIN - financial play
$APVI $IDC $WEB - almost similar to the first category, very unpredictable
$TBGI $MRC - penny play
$APX $PX $NIKL $PXP - mining play
$MEG $MPI - Index stocks but laggard
$BLOOM $DMC $FGEN $LTG $TECH - among the established names
$DITO $MM $NOW $C - trending stocks
$PPC $PHA - old time favorite
15 comments:
$ABA - As expected
$FRUIT - Not yet ripe
$CHP $IDC $PHA - Impressive!
$LPZ - Down for the 3rd time
$PX $APX - Double trouble?
$DITO $NOW $C - Not so fast
$GREEN $WEB $MRC $TBGI - Warning
@APVI - Down in the morning, up in the afternoon.
$LTG - Flat
$BLOOM - Patient
$MM - After consolidation, which turn?
$FRUIT - A dragonfly doji. That's bullish!
$CHP - From impressive to distribution. This is the reason why you can't simply trust a stock's upward price action.
$LPZ - Not just a simple drop, but with a gap!
$WEB - A big version of $MM's candlestick. It's a reverse hammer. That is still bullish.
$APVI - Down in the morning, no more up in the afternoon.
$TBGI - 2nd drop and the candlestick is longer. Sellers are still in control. Enter @ 0.22 or 0.2130, the stock 61.8% and 78.6% fibonacci pullbacks.
$MRC - The run resumes
$PX $APX $NIKL - 3 candles that appear look alike
$MPI - 2nd day drop but the candle is shorter
$BLOOM - The patient is rewarded.
$LTG - A carbon copy of $WEB
$DITO $C - Trending stocks that move in almost similar direction.
$NOW - It diverged from both $DITO & $C
$MM - My stock for today. My question yesterday has been answered today. After a 44 day consolidation, the stock is now moving up. Candlestick is inverted hammer. That's bullish! Let us see if such price action will be sustained this week.Volume is 76.07 million higher than yesterday. 14.61 net foreign. Let us see if 3.35 will be broken.
$FRUIT - Another dragonfly doji and the stock made new low today. It appears that the pressure is still downward. Sellers are not yet exhausted.
$LPZ - It is now a doji. A time for re-entry?
$APVI - Back to its usual habit. Down in the morning and up in the afternoon.
$TBGI - The long candlestick yesterday was unreliable. It was undone by a long green candle today.
$MRC - The run continues and one among the most active stocks today.
$APX $PX $NIKL - This trio parted ways. APX after a gap down, bulls fought back and closed strong. PX ended with a doji. And NIKL closed with a green candle but not as strong as APX.
$MPI - With higher low and higher high.
$BLOOM - A temporary rest or a potential evening star?
$LTG - There is a gap in the opening and it parted ways from WEB. The stock had a strong run today.
$DITO $C - As usual, same movement.
$NOW - Stronger than yesterday
$MM - Better to climb up slow. Very far from euphoria. Fear and uncertainty are still in. Number 1 yesterday but it disappeared from most active stocks today. Net foreign is higher today than yesterday with 17.19M
$MRC retraced 5.19% after a 17.90% run for the past two days. Is this just a temporary rest? Or is 0.41 its top for now and the stock will continue its pull back by tomorrow? For those who are thinking of entering this stock, you can use either 50% or 61.8% Fibonacci retracement as your entry points: 0.32 or 0.30.
$MM - After period of consolidation for more or less two months, the stock broke 3.35, the 24 September resistance and closed @ 3.40 with 6.58% gain. Traded value is 69.46 million higher than yesterday's. Many are now anticipating higher prices in the coming days. Some would forecast 4.00, 4.50, 5.00, 8.00, 9.00, 10.00 and even 12.00. Some would even claim that they are in this stock for a longer period of time. Three trading days ago, you will never read such optimistic forecasts. Nevertheless, a few are still skeptical about the stock's price action maybe because they were not able to ride its upward move. Previous experiences are referenced for the stock's possible movement by tomorrow. Some think that since tomorrow is the last trading day for this week, profit taking will cause this stock to pull back. Others are waiting for such pull back considering it an opportunity to enter the trade.
$APVI - Had an impressive move today. The run yesterday was sustained today.
$DITO $C - As usual, almost same movement, but this time, the bears are slightly strong for they managed to pull back the prices near their lows.
$NOW - Weaker than yesterday. The stock closed near the low.
$FRUIT - This is another wrong entry of mine. I was mislead by that 09 October candlestick. The sideways movement continues, but the candlestick is a hammer. Question: how many hammers do we need to see this stock reversing its trend? Lesson learned: Never enter a stock without a confirmed uptrend of a sequence of higher lows and highs matched with increasing volume.
$CHP - An impressive move last 12 October followed by a distribution the next day, a short rest afterwards and a two-day lower lows and lower highs.
$LPZ - Triple doji
$APVI - This is what Investopedia has to say about three white soldiers. It is a candlestick pattern that "suggests a strong change in market sentiment." It add that "when a candle is closing with small or no shadows, it suggests that the bulls have managed to keep the price at the top of the range for the session." In other words, the bulls have taken over the rally. Question: Will this rally be sustained next week?
$MRC - It appears that after taking a rest, the stock is preparing to run again.
$APX $PX - You should be a superman to catch this stock flying! If you're thinking to enter PX, try 5.40 or 5.10. In case of APX, choose between 1.94 or 1.84.
$DITO - Interesting candlestick pattern formation. A potential VCP? It seems that the stock is forming a bullish pennant. Such pattern usually appears in a strong uptrend.
$MM - What happened to 8 M volume yesterday @ 3.40? Why did the stock close today @ 3.39. Is it because today is Friday, the last day of trading for the week? Both those who anticipate for a gap up in the opening and a strong pull back today are disappointed by the stock's price action today. When you think you know where the stock will go next, that's the time the market will teach you something new.
$NOW - The stock ended with a doji with lower low, lower high and a volume 61.69 million lower than yesterdays.
$APX $PX - Wait!
$APVI - With higher low and higher high, but the stock closed near the low. Is this just a temporary rest? If it is, 11:02 or 10.71 are good entry points.
$MM - Another lower low and lower high tomorrow will cause short-term traders to exit this stock. Looking the stock from a weekly time frame and from EWT, the stock's awakening is still too early.
$FRUIT - From hammer to doji. Not a stock for a trend follower. No one knows until when this sideways movement will end.
$CHP - 3rd lower lower low and lower high, but closed with a green candle. Wait another candle for confirmation before entering.
$MRC - It refuses both to run and to go down. Which way to go?
$NOW - For short-term traders, today's candlestick is enough reason to exit this stock. But viewing it from a weekly chart, it appears to early to exit this stock.
$C - As usual, almost similar price action with DITO, but this one is stronger.
$CHP - No confirmation yet and the sad thing is the stock closed at the low.
$MRC - My question yesterday has been answered today. Yesterday's hesitation is now evident by the stock's 8.22% decline. Volume is 46.42 million higher. Again, for those who are thinking of entering this stock, you can use either 50% or 61.8% Fibonacci retracement as your entry points: 0.32 or 0.30.
$NOW - Those who exited yesterday are smiling today. They listened to yesterday's candlestick.
$PX $APX - You decided to enter when these stocks are flying. Now, that they are crashing, you're rushing to the exit door. How can you expect to win if your psychology is the exact opposite of what a trader is supposed to have? Will you wait until the gap is filled? In the case of APX that's 1.55 and 4.77 in the case of PX.
Index play was confirmed yesterday and that is why speculative plays disappeared from the list of most active stocks today except for PXP. Everything appears to be calm and back to normal.
$CHP - It's doji. Same low and high. No clear direction yet.
$MRC - Just flushed out the weak holders yesterday. The stock is not that tired to visit 50% Fibo @ 0.32 and respected instead its support 1 @ 0.3325.
$NOW - A green candle at last after two red days
$APX $PX - These stocks refuse to close the gap. Bears suddenly disappeared. Those who considered the last two pull backs as opportunity to load more shares are now smiling. They have the right psychology to succeed in the market.
$CHP - With higher low and higher high, the stock is giving a clearer direction today.
$NOW - With higher low and higher high but volume is 3.97 million lower. Displaying similar character as MM.
$MRC - After making a higher low and high with a volume 37.03 million higher, the stock's price closed unchanged.
$APX - With higher low and higher high but the stock lost 2.59%. It seems that the stock decided to take a rest for a while.
$PX - With higher low and higher high, but the volume is 1.81 million lower.
$PX -
$CHP - Resting?
$NOW - Parted ways with MM. With higher low but same high and the stock closed near the low.
$MRC - With higher low but similar high and the stock closed at the low.
$APX - With lower low and lower high. Wait for the stock to bounce either from its 61.8% fibo @ 1.85 or 78.6 @ 1.83. If not, the next question is will the 1.79 support hold?
$PX - It's the second day that the stock made a higher low and higher high and we also see positive NFB for two days already, 3.94 and 2.99 million.
$NIKL - In my screening criteria, the stock is the only significant loser among the list of top losers. The stock made a higher low and higher high but just like MRC it closed at the low.
$FNI - Also made a higher low and higher high but closed near the low. Volume is 12.49 million higher. Just confused why is it described as inverted hammer whereas the location of such price bar is in an uptrend. Is it not a shooting star?
$APX - Perhaps my question last Friday will be answered tomorrow. Will the 1.79 support hold?
$CHP - Ready to run?
$NOW - Made both lower low and higher high, but closed near the low.
$PX - With higher low and higher high and 6.42 NFB.
$NIKL - Many will exit this stock if another lower low and lower high will be made tomorrow. If not, another price bar is needed to confirm a new run.
$FNI - Finally, the price bar is described as a shooting star.
$APX - My question has been answered but in a different way. The stock broke the 1.79 support, but only for a while, and it bounced strong gaining 4.42%. This stock is a wild horse. It does not behave as expected. When you think that you know its next move, that's the time it will surprise you.
$CHP - Instead of running, the stock took a rest again. This time, it made lower low and lower high, but ended with a doji. For some, its price action is enough reason to exit this stock, but for others, they are willing to wait for the stock's next move.
$NOW - Made lower low and lower high today. Tomorrow's price action will determine the short-term decision of some, whether to continue holding this stock or to exit for a while. Will this stock respect the support range between its MA 20 and Support 1, from 4.62 to 4.64?
$FNI - The shooting has been confirmed! The good news is that volume is 3.86 million lower.
$NIKL - The stock refused to make a lower low.
$MRC - After making a new 52-week high, the stock seems tired and took a rest for a while.
$CHP - This is a buy signal for me.
$NOW - A doji and a volume 3.23 million higher in a down day.
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