sTAr Light sTAr bright let me raise my Flag tonight!

Another issue to watch on Flag.

I am still holding my TA at the target 2.8 based on Cup and handle,but that was not reached. The Price retrace and looks like going down. I was planning to sell it at a little profit or at a little loss.

I thought it will fail, but it seems that I am wrong. TA looks like forming a flag. Pefect beAutiful one.That might realize my target at 2.7 - 2.8. Last 11/07/07 it signaled to go up to break the resistance of the flag but decide to go down again. It just formed another bounce that made the flag even more sexy.

If I am buying at a breakout of this flag, the price above 2.0 is a buy for me. In my opinion, this will continue to dance with the oil prices' moves.Just a warning to my readers, flag are the most difficult to trade, it may not reach the target and quick to retrace, you have to absolutely determine you exit and entry point.

If it goes out above 2.0 and retrace too early sell at a loss. Maximum target is 2.7 but have to watch for market momentum to hold on or not.

TA Flag :




TA Cup and Handle:

Longterm FGEN outlook

If we look at FGEN's trend line from Aug. 2006 it has never been breached! The Movement of prices looks sexy too!

On a medium term, current consolidation from Aug 2007 gives us a hind sight of a huge ascending triangle breaking out soon. MA's are still dancing with each other which confirms the consolidation face.

This is something to watch, and if you a long term investor, it looks good for you. :)

And if you are a brave soul, current price looks like a bottom price to complete that triangle and a price that goes away from the support. :)

IPVG direction please?

My friend AgentT ask me to look at IPVG, where is it heading?

It's one year trend is still intact, at a very healthy 45 degree slope.

Previous channel from Feb - Jul , 2007 seems to be repeated from August to date.

After Feb - July channel, it went up to 11.50 and went down again to consolidation. Assuming history will repeat itself for IPVG , mirroring that previous price action, it could go as high as 13.50 when it breaks at 9.0. If I enter IPVG I should plant the bomb at 9.0. So I won't explode with my own planted bomb.

Good luck !


By tradingbless at 2007-11-07

Another Round of Flag Raising for DIZ ?

A sleeping issue, that's revived by JAP! When he visited Cebu with CKP last October 12, he announced that they are supporting DIZ for some high grade minerals yet to be processed.

After that announcement in Cebu, DIZ came out from the grave with the first flag formation, TP was 13.50 by then, it reached as high as 11.50 and retreated. now another flag is forming at 14.50 TP. my buy point is 10 .50 - 11.00.



By tradingbless at 2007-11-05

AT last Rising Sun for this Mining Issue?

Few of my friends at p6chat has been very bullish at AT. Some already accumulated and still waiting. Some fundamental shows several activities going on at the Carmen Copper Mine in Toledo. The community is alive again! However, I'd still rather stick to my Technical Analysis outlook.

I am seeing Reverse H and Shoulder at the chart, breakout at 16.50, proper buy at 16.75 with the support of volume. TP = 23.50 Good to watch . . . .


By tradingbless at 2007-11-05

PERCfect Rectangular Breakout!

I have been watching PERC for quite a while, just last 2 weeks It has attempted to get out from it's rectagular pattern, but went back down again and stayed inside the rectangle for quite a little while.

With the aggresive movement of oil prices from the global market, I assumed to see price breakout from the pattern soon. I did a dangerous move! A no-no attitude for a technician, but I still did anyway. I took a position at 10.75 and 11.25, these prices are still inside the rectangular pattern, the correct buying point should be 12.00 after the breakout at 11.75. Good thing the oil prices continue to move up that PERC's price followed.

Let's look at PERC's pattern first. It was consolidating for about a year inside a PERCfect rectangle with the resistance of 11.75. The dancing of 50-day, 100-day, 200-day MAs with each other confirmed the perfect consolidation. That shows that the position I took was dangerous, the pattern might break the resistance at 11.75 or break the support at 9.0. This does not have specific direction, bullish or bearish.

PERC went up and closed to 13.25 on its breakout date, however last Tuesday, October 31, it pulled back to 12.00. Scary huh? Good thing there was no trading for 3 days.

Here is my action plan, watch the price to reach the target at 14.50. Sell if the sign of weakness after 14.50 is seen. Hold if the momentum is still good. Tolerable pullback after the TP is reached is only 14.00, if it goes below SELL! Before the target is reached, if price weakens and goes back inside the rectangle, sell at 11.50 a minimum profit.

Since it has pulled back last week and closed at 12, I think if it opens at that price on Monday, November 05, it is a good price to buy for a 14.50 target. But please please dont ever forget your stops!



By tradingbless at 2007-11-03

Money in the Internet - Thanks to Cebu PMT EB

October 23, 2007 - Baseline Restaurant Cebu City. I joined the first Pinoy Money Talk Eye Ball of 13 individuals. I was amazed with various people i met. They knew countless ways to make money!

Name it and you'll see a lot of answers from that crowd of 13! Mutual Funds, Stock, Banks, Stocks, Affiliate Marketing, money from the internet, financial services, etc, etc!

We have financial managers, bank owners, stock traders/investors, affiliate marketing experts, ad gurus, in short we have all the money makers in one busy discussion! You can see the enthusiasm, interest and emotions!

Of all types of money makers infront of me, where information is readily available. Money in the internet catched my greater interest. Why? It's easy, accessible, global, everywhere, endless!

I am writing this piece to share to you some links where you could take big bucks, if you have time updating your friendster, you should have more time browsing for money! Answer some surveys, click some ads, put some ads to yout blogs or websites, invite more people to join your team, grow your circle.

For some money makers ads ( and there are countless of them out there, just need your patience) :


https://www.google.com/adsense


For more money making topics check this link:
http://www.pinoymoneytalk.com/2007/02/22/how-pinoys-earn-money-online/

In conclusion, there are endless opportunities to make money over the internet, we just need to start it out, pursue opportunities, have a little patience on nitty gritty things, it's just like starting to learn chopsticks or going to the gym.