I’ve been holding this stock since Aug 25 as i saw it in BPITrade reco with an upside of 24%.
TP is set at 51.02 which is much higher than the 52 WkHi of 46.80
As of today the stock is bullish, all Moving Average is up
It hits MA200 earlier but didnt hold, a good sign that it may try to hit tomorrow
RSI is not yet over bought a good sign that it still has some room for buyers to come in.
As usual TAYOR.
All MACD indicators are showing bullishness. It just needed volume to break the first resistance @223.40
Possible dividend in November
Today i tried using Know Sure Thing as indicator to analyze if we have a buy/sell signal or confirmation of trends for JFC
KST is developed by Martin Pring, it shows overall momentum of a stock.
As you can see from the image the KST cross the signal line which means a buy signal, lets just hope it stays above until it reaches the zero line to confirm an uptrend.
Update: As of last day JFC is trying to break the first Resistance at 199.9, although Net Foreign is dumping their shares.
MA20 is now on Bullish side, the next MA is still way far but lets hope it reach soon
| Period | Simple | Exponential |
| MA 20 | 193.1950 ( BULLISH ) | 194.4706 ( BULLISH ) |
| MA 50 | 199.7440 ( BEARISH ) | 198.8381 ( BEARISH ) |
| MA 100 | 204.2620 ( BEARISH ) | 206.4522 ( BEARISH ) |
| MA 200 | 225.45 ( BEARISH ) | 214.6432 ( BEARISH ) |
Caveat: tayor
This is my personal view on $SM
Analyzing the chart above we can see that the Moving Average is perfectly in play and we don’t see any sign of slowing down.
DMI although below 30 but still pointing upward so it may hit that point. I use DMI to check if its time to Enter a stock, the green line should be above the red line and the blue line should be above 30.
Other indicators are all Bullish, except for VolumneSMA(15)
Here’s investagrams table of Moving Average and Indicators
| Period | Simple | Exponential |
| MA 20 | 662.20 ( BULLISH ) | 672.1229 ( BULLISH ) |
| MA 50 | 673.85 ( BULLISH ) | 669.1411 ( BULLISH ) |
| MA 100 | 663.9250 ( BULLISH ) | 667.6400 ( BULLISH ) |
| MA 200 | 668.8333 ( BULLISH ) | 659.7077 ( BULLISH ) |
| Name | Value | Action |
| RSI(14) | 62.0702 | BULLISH |
| MACD(12,26,9) | 7.3923, 1.2673002770 | BULLISH |
| ATR(14) | 14.3550 (2.06%) | LOW |
| CCI(20) | 170.5351 | BULLISH |
| STS(14,3,3) | 98.8402 | NEUTRAL |
| Williams %R(14) | 0.00 | NEUTRAL |
| VolumeSMA(15) | 554,107 | BEARISH |
| CandleStick(1) | White Marubozu | BULLISH |
Caveat: trade at your own risk
Ayon sa #BPITrade
Practise chart observation. Correct me if im wrong.
Setup ko is Stochastic, here yung red line di pa umaangat but its good na nasa baba sya
RSI wala pa sa 30 para maging oversold pero data shows na foreign is buying now.
It is near the immediate support of 29.90 so pwede mag test buy dito
Note: wala ako nito, just practising charts 🙂
G.S.Liwanag IT Consulting 