Tuesday, February 9, 2016

PSEi February 9, 2016

PSEi  6637.41

-  a very BEARISH sign, if you follow the 50ma Bounce Play set up
-  Price is rejected by the 50ma
- RSI, also rejected at level 50



TEL February 5, 2016

TEL - P 2190

-  looks like a good bounce at the 50MA level
 - RSI looks like a good set up as well



AGI February 5, 2016

AGI  P 14.70

- still very bearish, but starting to show some "life"
- MAJOR TRENDLINE needs to be broken, to confirm change of trend, alongside RSI and MACD and MA crosses.

Monday, February 8, 2016

CEB - February 5, 2016 Walang Forever?

CEB  P 77.50

- bearish and still BEARISH?
- consolidation phase - in preparation for a BULL RUN soon?
- did CEB find its bottom recently?
- chart with Harmonics below, drawn automatically by Amibroker chart program - showing a bullish pattern.  How accurate is it?  =)