Stocks By Request
For those who are new to this Stocks By Request series, this is the top stocks that you have requested via social media and my website. Just keep on sending your requests and we will analyze the top stocks! For this edition we have both Jollibee and Vitarich.
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.
ICON 2018 — May 26, 2018
Stock Smarts Melbourne – June 9 – 11, 2018
Stock Smarts Manila — June 16, 17, 23, 24 & 30 2018
Stock Smarts Hong Kong — July 28, 2018
Stock Smarts Iloilo — August 10 – 12, 2018
Jollibee is still in a long term uptrend
For position traders, because the general trend is still intact, we don’t have a sell signal yet. You can continue to hold on to your position and continue to maximize your gains. For quick traders, the stock has started to move sideways with a buying presence at 275 and a sell signal at 300.
You can watch this video for more details along with my analysis on how Jollibee is growing.
VITA failed to break the resistance
Looking at it from a quick trading perspective, the stock failed to break the resistance at 3.9 and should the selling continue you may expect the stock to retrace close to the support at 2.9. Should the stock go and bounce from 2.9, it now becomes a buying opportunity. May sure to buy at 2.9 and sell at 3.9.
From a position trading perspective, the major trend is still up and there is no reversal signal in sight yet. I’ll keep you posted should the stock start to reverse and trend down.
Watch this video for a deeper analysis on VITA
