This is our continuing coverage of BLOOM! Thank you so much to everyone who requested it and joined our #StocksByRequest session! The stock is still pushing up as compared to the market in general! That’s why stock trading and investing is amazing because you get to select stocks that deviate from the index and you get to ride it up to its fullest extent!
Congratulations to traders and investors of the stock!
Catch me in my live training events! (quick plug)
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! If you would like to know more on how you could time the market checkout the trainings below.
Stock Smarts Manila — September 9,10, 16 & 17, 2017
Stock Smarts Cebu — September 30 – October 1, 2017
Stock Smarts Malaysia — November 4 – November 5, 2017
Stock Smarts Sydney, Australia — November 11 – November 12, 2017
Stock Smarts Qatar — November 16 – November 19, 2017
Stock Smarts Singapore — November 25 – November 26, 2017
Stock Smarts Cagayan De Oro — January 13 – January 14, 2018
Stock Smarts London, United Kingdom — January 26 – 28, 2018
The stock broke out of the 10 Peso resistance last August 22, 2017. Whatever upward movement you are seeing now is because of that. All short term indicators are still showing upward momentum in the stock. With that we are setting the next target price to 12. As long as the new support at 11 would hold, 12 is pretty much in sight!
On a very optimistic and bullish scenario, if the the stock breaks out of 12, adjust your target price to 13! Should it breakout of 13, the next target price is 14.2!
Not a bad trading plan at all in a market that is currently sideways! As what I always say, the best way to make money in the market is to select stocks well and to time them properly!
Hope this helps you in your trades!