Half Time - January 7, 2020
Update from our yesterday's half-time insights:
TECH is up 23.50% and sustained the 4.4 price. We should be able to confirm by Friday if the new base will hold. I hope you were able to buy at yesterday's dip. To those who have a good base, wait and hold. It is imperative that others will take profit. Just follow your trading strat.
TUGS is up by 1.67% after increasing by 11.11 yesterday%. Expect heavy selling on Friday. If today's volume will be higher than yesterday and with price increase hopefully it will break the 1.3 resistance.
Since no announcement from P-Digs, it will be business as usual for water stocks:
MWC is up 7.50%. Just trade. Use minute chart, barrier is 11 pesos.
MPI is the same @ 3.49. Sideways; good for bodega long term (2-3 y)
DMC is up 1.94%. Good for bodega near 6 pesos.
Zubarus and 2nd liners:
TBGI is 52 wk low @ .26. Make a test buy and sit.
MRC is down 1.83%. If it closes below .2050 don't buy and wait for .18
BCOR - bounce play is done. Wait for 3.2 and trade. Deleted from watchlist.
GMA7 - hold. Wait for the consolidation at 5.3 area
CHP - COL has recommended SELL. Just trade in the SRO price @ 1.58. Avoid if you can't actively trade. Deleted from watchlist.
FNI - up by .60%. Buying area is 1.58-1.6. Good for position traders.
Added in Watchlist:
APO - down by 4.41%. If you have spare 10k to hold for 2-3 months then buy this stock at .64-.65 then make a GTC at .75-.8
SUN - baratin niyo sa today's low or pasok sa 1.29
My COL portfolio before today's break:
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