erickluzonghimself

erickluzonghimself

After seeing the stock move up 3% from yesterday's trading, I decided to place my bid at 9.05 share.

erickluzonghimself

I have sold all my shares in this company for now as it does not meet my expectations of rising value. I will keep an eye on the stock price and may decide to buy or sell again.

erickluzonghimself

My coverage of Ayala Land Incorporated will begin with a support price of 23/share and a target price of 33/share. This means that I will be closely watching the price movements of this stock as well as any news that could drive the price of this stock up or down. As of 6/8/2023, these are the stocks that I am covering: SMPH - SM Prime Holdings, and ALI - Ayala...

erickluzonghimself

Buy - I initiated a bid to buy 100 units of SMPH shares today as we anticipate a potential Php 5.00 upside from its current 33.55 closing price. The stock appeared to have reached its support area at around Php 33/share and its currently consolidating in that area which supports this decision.

erickluzonghimself

Update: I apologize for the long break. I had a lot on my plate with working full time and moving from my rented apartment to my own home. It took up all my time and energy to generate and post my trading ideas. But now I'm back with a new trading idea. Analysis: I'm starting to cover SMPH because of the huge trading volume it had in the last few days. The...

erickluzonghimself

I sold all my shares at a loss today as the stock closed below its support line at 142/share. The stock will likely test 129 before bouncing back up.

erickluzonghimself

I sold all my shares in this company today as it started to close in red in three consecutive trading days with average volume which to me signals a weakening upward momentum. While I still think that this stock could climb up to 180, it will likely pull back first before continuing upwards.

erickluzonghimself

I placed a bid to purchase 100 units of this stock at 43.00 as it broke its resistance of 42. My cut-loss is set below this line.

erickluzonghimself

I sold all my URC stock as it tested and rejected its September 2021 resistance line at 146. This stock will likely revisit 128 level before climbing back up to to re-test 146

erickluzonghimself

Bitcoin ended less than a percent lower during yesterday's trading as some investors took a profit. Given the volume traded yesterday, I have a reason to believe that this asset will likely revisit 19600-19200 territory before attempting to break 21200. I will be taking my money off this asset in the mean time.

erickluzonghimself

Bitcoin broke its support-turned-resistance on last night's trading. Given the volume traded last night, I have reason to believe that it is now headed to test its November 5 high which is 21500

erickluzonghimself

The stock jumped to almost 7% today as it broke its October 2022 Resistance Area at 139/share. At the same time, the stock is also testing another resistance area at 148/share. If this price area is rejected, we will find out if the 139 lines will become the new support area for this stock.

erickluzonghimself

Bitcoin price surged yesterday as it closed with higher-than-average volume. The surge in price has continued until today as it tries to escape the trend channel as well as its current resistance price at 18300. This escape will likely be successful provided that it gets the same volume of trades as yesterday.

erickluzonghimself

JPM is currently testing its resistance level at 168/share. I will be closely watching its price action in the next few days.

erickluzonghimself

I just entered Bitcoin as it appeared to break its psychological resistance at 16,900.00 (they thought it will never hit 17,000 LOL) I will be maintaining my cut-loss at 15,600. I know that's too far down so I may update that depending on how this asset moves in the next couple of days/weeks.

erickluzonghimself

Alibaba Rose 13% yesterday amid news of Chinese regulators' approval to raise $1.5 B in its consumer finance unit. Of course, this is positive news for this stock. The rally will likely continue until the stock breaks its resistance level of $105/share in the next couple of months before it tries to fill the gap caused by yesterday's rally. Ps. This is not an...

erickluzonghimself

Target Corporation is testing its support line at $142/share and will likely bounce up to 166-180. After cutting losses from my previous investment with this company, I decided to place an buy order. with the said target. I will cut my losses if the stock closes in a red candle below my support line.

erickluzonghimself

I placed an order for URC at 137.40 today as it continues its uptrend and will likely break its short-term resistance level at 138.80. I placed my cut loss just below the ALMA line. I may also leave the stock if it rejected the the said resistance price I mentioned above.