Daily Recap - 09 January 2020
Market Activity:
Top Gainers and Losers:
$TECH - the top gainer! alaga na natin ito since the end of 2019. Congratulations! It closed strongly from 3pm so we expect gap up tomorrow as the trendline are intact. Bantayan natin ang resistance sa 7.6, if it breaks with volume madali na sa 8. Madaming ipit dito sa 8, kung makalaya expect heavy selling. Friday rule. May shares uli ako after selling my position sa 6 area. Sayang after having an average of 4! But we should be happy with our gains,
$TUGS - we made a reco to buy it close to 1 area. .95 pero di na bumaba. bugbog din kasi ito last 2019. i hope nakapasok kayo nung nagrun siya from 1.08 to 1.20. basag ang resistance sa 1.3, not too much volume though so buy on dip, we will see if it holds the new support of 1.2. target natin dito is 2.
$SUN - check pse edge disclosure. we made a barat move at 1.27 to 1.29 two days ago. we expect a long candle tomorrow. it might hit the 1.9 again.
let's add EEI, DMC, SSI for this week's watchlist. yung mga previous watchlist natin idiscuss natin sa weekly recap on Saturday. secure your profits if you are happy, always follow your trading strategy and risk appetite. good luck!
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