Saturday, August 2, 2014

July Last Trading



Mid/Long Investment :

Bought additional SMPH shares yesterday(7.31.14) @Php 15.50

Looking for another opportunity buy @Php 15.00
Position : Mid/Long

 ***
Momentum Trading :

Eyeing for a quick buck on EEI :
Average Cost  = 10.9322 bought last 6.26.14
Last Trading Price(7.31.14) = 11.60
Gain Estimate : 5.26% as of last trading price

Using the chart below :
The Price uptrend shows strong signals
Price is on the upper BB
Price is above SMA20,SMA50,WMA20 
SAR show potent bullishness 
It just break the P11.34 resistance with a long green candle 
As the price goes up, volume pick up 
Foreign funds increasing appetite on the stock
RSI is not yet at an oversold position  ++
MACD is showing growing bullishness 
Momentum just starting to pick up 

Hoping it go pass the Php11.80 resistance all the way to Php12.20 !

Caveat !!!

Personal Trade
***8.1.14









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