LC

EDC

EDC formed a ascending broadening formation (bigger pattern)... A megaphone shaped pattern... tilted up with horizontal bottom. Inside that pattern we see 2 head and shoulders top.... Now, will it repeat the pattern the 3rd time? To negate that, EDC move up and break 6.23 and 6.45 otherwise there is a possibility that it will again breakdown from the head and shoulders pattern inside the bigger pattern.

Good if EDC will breakout from the said resistances... Think twice if breakdown from the possible neckline of the 3rd H&S.

Just sharing my observation...

Pd: No EDC

BHI

ATN

Will it bounce?
Runaway from this if it will break below 1.48 it might go to PISO

OV

ABS

BHI

GEO

Patiently waiting if ever there will be a big move for GEO.

My cut loss is below 0.55

MEG

Will MEG bounce at major uptrend line or move down to test previous low somewhere at 2.09 / 2.10?

PNX

ZHI

Spotted a weakening trend for ZHI.

Bullish Gartley + Divergence. Seems like a good signal. Will monitor this.

Question is will it close 2 more gaps below?

IRC

MIC

MRC

SGI

Possible Hidden Divegence...

CPG

MARC

VLL

RFM

PSEi

RSI Divergence taking effect... We see price making higher highs but RSI is making lower highs from May to July 2012. 

Divergence doesn't mean that there will be a reversal of the trend... It simply signals us that there might be a change on the prior trend... can be sideways... sideways to up or sideways to down or totally reversal  of trend.

Now PSEi, is retesting my 110SMA and horizontal support line. A bounce at this level we might be seeing a triangle formation (Descending?) Hope maging Symmetrical. 

So plan your trades well as we are about to test a critical support. 

CPG

Daily
- 3rd attempt to break the descending resistance line
- So far momentum upward seems to be positive as RSI broke the 1st and 2nd resistance line
- For a better signal of upward momentum, MACD must move above zero line
- Hanging Man candlestick at resistance. This is a bearish candlestick but with low reliability

Weekly
- MACD cross might be a good signal. Let's see

Bought some at 1.45
Cut Loss below 50SMA or 1.43/1.44

GEO

GEO Weekly Chart showing a possible Bullish Bat Pattern

Got in last week at 0.57
Resistance to break is 0.61 and 0.65
Cut Loss = 0.54

SGI

BHI

LIHC

FLI

ELI

GEO

ORE

VLL

HLCM

Daily:

1. After a breakout from falling wedge, it formed a rectangle pattern. Signaling for a continuation of uptrend
2. TP of Falling Wedge and Rectangle pattern is 13.8 to 14. 
3. Set stop loss depends on what price you bought

Weekly:

1. Possibly forming a inverted head and shoulders pattern

Note: Not my recommendation for a buy. Just sharing my TA. 

CPG

Needs to break 1.56

MJC

Forming Bullish HD?

LMG

Key notes:

1. MACD Bullish Divergence
2. Price moved up and stayed above 20SMA (short term sideways to up)
3. Price just above 50SMA. Hope it holds there.
4. MACD and signal line just crossed zero line

Will it close the gap?

Stop loss if it breaks down 50SMA or ascending support line.

PD: meron pero onti lang ;P

SGI

VLL

ACE

MEG

ABA

IRC

AGI

VLL

20 and 50SMA saying trend is sideways

BB = overbought area

STS = Cycle top waiting for confirmation

EDC

VLL

T

BSC

AP