NI hinipo ang 65MA

By -

NI - 16.5 (0.0%)

NI closed below its open of 16.75, but not before making everyone almost faint in excitement during the morning attack when it flirted with the idea of crossing the 65MA only to disappoint by gentle grazing it quickly and retreating below its open...

one word for NI - tsope! (hehehe)

For guys like me looking for the oops... it was a let down...

For guys praying for some consolidation so that the flag and pennant can form :) most likely they have a grin as wide as your screen :)

hehehe :)

Check out my previous post about the resistances and support of NI since it closed at the same point it closed yesterday :) thanks so much for reading this update on NI :)

Good luck to all NI traders :)

PS: can someone please comment on the news I posted about their acquisition :) I still don't have a clear grasp of it :) Thanks again :)

Comments

Tarantrader said…
gusto mo maging spike ito?
September 26, 2007 at 8:46 PM
Unknown said…
no spike! bad spike! woof woof! hahaha. flag lang, para mas malaki kita pag nag breakout. hehehe. buy more!!!
September 26, 2007 at 9:24 PM
ninodal said…
hehehe :) di naman sa gusto ko mag spike :) gusto lang kumita agad :) hehehe :)

NI doing good today :) reached high of 18.25 dont know yet where it will close...

pwede bang one day lang ang formation ng flag? :)

Tnx tarantrader (visit Master tarantrader's blog for further technical analysis of PSE stocks)
tarantrader.blogspot.com or click on the link provided

Tnx andrew!
September 27, 2007 at 11:17 AM
Post a Comment

Popular posts from this blog

EDC - found trough and possible new support level to form steep demand line

By -
Image
EDC 7.3 ( 1.4% ) EDC formed a trough at 6.9, which might be a new support level, to form a steep demand line Resistance: 7.8 Support: 7/6.9 Good luck to all EDC traders! PNOC-EDC potential bidders down to 16 10/11/2007 source: Technistock The number of potential bidders for the government's remaining 60-percent stake in PNOC Energy Development Corp. has gone down to 16 from the 24 that had submitted letters of interest. PNOC president Antonio Cailao said the 16 entities were those that met the Oct. 5 deadline for the submission of the initial pre-qualification requirements and passed the first screening process. The list of the pre-qualified bidders should have been released Wednesday, but Cailao said the PNOC Privatization Committee had decided to give the 16 entities a few more days to submit additional minor requirements. "Of the initial 24, eight have fallen off so we now have 16 potential bidders. But this number could still go down by the time the Privacom finishes its r
Read more

Daily Notes

By -
Image
Daily Notes Top Losers: BDO, lower low, currently at overbought levels (RSI = 85.7, highest for the past year) JGS RCB MWC, most active list ALI, most active list Stock Watch AT higher high, resistance at MA130 (4.9), intraday 4.45 (highest in the past 3mos.)
Read more

BSP eyes measures to curb peso climb

By -
Buy more Philippine Pesos??? BSP eyes measures to curb peso climb By   Doris C. Dumlao ,  Michelle V. Remo Philippine Daily Inquirer The Bangko Sentral ng Pilipinas said 2013 could be a challenging year as far as preventing an even steeper appreciation of the peso was concerned, noting that a potential investment grade credit-rating for the country could drive more foreign portfolio investments. Admitting it was actively buying dollars from the market in 2012 to temper what could have been a sharper appreciation of the local currency, the BSP said it expected the need for more action to keep the peso as less volatile as possible next year. “Capital flows from a [potential] credit-rating upgrade will provide more challenge in terms of keeping the peso relatively stable and minimizing its volatility,” BSP Deputy Governor Diwa Guinigundo told reporters Friday. In 2012, the peso appreciated against the dollar by more than 6 percent partly on account of significant inflo
Read more