• 2 Rounds In Medco Holdings, Inc.

    2 Rounds In Medco Holdings, Inc.

    Medco Holdings, Inc. (MED) provided us with two easy-to-capture trades in the past. The first one was when it broke out from a long term consolidation. Even before its initial breakout, we were already expecting it to pop to the upside as it was already silently approaching its prior resistance at Php0.80. Following its break,

  • Consolidation Break to Carry DD to Php10.00?

    Consolidation Break to Carry DD to Php10.00?

    DoubleDragon Properties Corporation (DD) has scored another massive single day run with a gain of 11.80% last March 26, 2015. Trading was also heavy with a value turnover of worth Php150 million. In any case, one can observe that the stock has just broken out from a 10-month consolidation. Given this break and its ability

  • Semirara (SCC) To Hit Php163.00?

    Semirara (SCC) To Hit Php163.00?

    Semirara Mining and Power Corporation (SCC) has so far confirmed its break above its resistance of Php140.00. First we thought it was only due to some window dressing because its first close above the said figure happened during the last trading year of 2014. A couple of days have passed since then and the stock

  • Another Bounce Play On HOUSE?

    Another Bounce Play On HOUSE?

    Here’s another opportunity to play the range of 8990 Holdings, Inc. (HOUSE). As you can see from its chart, the stock has dipped back to the resistance of a rectangle at around Php7.50. A support here plus a presence of a bullish hammer candlestick in its dailies suggest a potential rebound in the near term.

  • HOUSE To Spring Back Off Its Php7.50 Floor?

    HOUSE To Spring Back Off Its Php7.50 Floor?

    Here’s a potential bounce play on 8990 Holdings, Inc. (HOUSE). While the stock has recently fallen below its Php8.00 support, its floor at the resistance of a rectangle that it broke before has so far managed to keep it afloat. A bounce here can send it back to Php8.50. A move past Php8.50 may then

  • Waiting For The CADJPY Break

    Waiting For The CADJPY Break

    The Japanese yen has depreciated a lot as of late against most of the other majors like the USD, EUR, GBP, and CHF. Against the Canadian dollar, the yen has so far been holding its ground. As you can see from its daily chart, the CADJPY pair has just been merely trading sideways within a

  • Will The USDJPY Rally?

    Will The USDJPY Rally?

    August 5, 2013 (3:48 pm) – After breaking out from a rectangle or box pattern and reaching a high of around 99.80, a weaker-than-expected NFP report in the US caused the USDJPY pair sharply fall. At present, the pair again is exchanging around its previous trading range’s resistance. If the 98.40 level revises its role

  • Playing The USDCAD Range

    Playing The USDCAD Range

    The USD/CAD pair has been trading within a rectangle or a box with a support at 1.0360 and a resistance at 1.0440. As you can see from its 1-hour chart, the pair has fallen towards the range’s support. If this level holds then the USD may bounce back against the loonie and bring the pair