I mentioned on previous posts that MAXS and EEI got the two highest votes for the week. Here’s the complete list of the most requested stocks this week! I posted more than 10 stocks this time! Enjoy and I hope this helps you in your trades and may this week be your best trading week yet!
Here are the first events for the year! I will give you an update on our live sessions on UAE, Qatar and Iloilo in the next few weeks! The heart of why I do this seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! This is my passion and this is what I want to do over and over! To bring more consumers to investors! We will be teaching different techniques from how to select the right stocks up to how to find the perfect timing in buying and selling stocks.
Here are the most requested stocks for the week:
What a great breakout from 0.50. No sell signal yet at this point. Ride the breakout first. A weak support can be found at 0.605 and a weak resistance could be found at 0.845.
Money is flowing back into the stock. However it must breakout of 815 to fully turn bullish. For quick traders, take profits every time there is a failed breakout of 815.
The stock finally breaks out of the resistance at 6.8. Something that it has not done since August 2015.
For quick traders because of the breakout, hold your positions, as the breakout could bring the stock to 8.5 over the short term. Should it also breakout of 8.5, adjust your target price to 10.50.
For position traders, now would be one of the best times to hold your positions.
The stock is now out of the downtrend but it must breakout of 101 to fully turn bullish and to give a higher conviction that a reversal is truly in place.
For quick traders, do the opposite. If it fails to breakout of 101, take profits.
The stock now building on a short uptrend. It must breakout 11.95 for it to fly even higher.
For quick traders, a breakout from 11.95 would bring the stock to 12.25 to as high as 12.65 should the breakout progress.
Buy from the bounce of its strongest support at 15.6 and trade the range and sell should it have a hard time going higher from 17.6.
For position traders, the stock is still holding on to a long term bullish support. No sell signals yet at the moment.
What a steady breakout from 12.1. As long as it stays above 12.1 hold your positions first as indicators are still showing bullish momentum and the stock my trend higher still.
No sell signals yet as of this time.
Take profits should it fail to hold above 52.
The stock is still bearish for the long term. Should the stock breakout 1,717, set your target price and sell should the stock fail to breakout of 1,948.
Disregard this post if the stock does not breakout of 1,717 as it may drop even lower to 1,615.
The stock is still bullish for the short, mid and long term. Just a heads up though that money has been coming out throughout this run. So should a reversal happen, make sure to take profits quickly as the stock may steeply drop.
The stock is forming a weak resistance at 3.05, you may take profits if the stock repeatedly fails to breakout from that. You may also take profits should the stock fail to hold above 2.80.
For quick traders, take profits should it fail to breakout of 78.7.
From the breakout of 4.10, set your initial target to 4.60. Take profits should it fail to breakout of 4.60.
Hold your positions first. Take profits should it fail to hold above 72.45. Other than that the stock is still moving the course of its uptrend.
Hold your positions first. No sell signal evident yet.
For your reference
As what I always say in my seminars. Please use this post as reference but at the end of the day you should chart and draw your own entry and exit point, as the best way to make money in the market is if you follow your own conviction. God bless you and may thing week be your best trading week yet!
I’m excited to share my latest book, Where Should You Invest?
This will answer one of the biggest questions on the what, where and when you should invest on. I will also tackle the concept that there are certain investments that work well with others and some investments that don’t work well at a certain investment phases.
This is aimed to help investors have a holistic sense on how they can grow, maximize, and preserve their wealth!(Stock Smarts Book 4 is also coming this year) I also feature other books in my website with authors that I respect which have different expertise in Finance, Business, Investing and everything else in between.
For more details and to order: Marvin Germo Book Orders