Technical Insider

Source: Technistock through Citiseconline (or STAR) Atlas Consolidated Mining & Development Corp.’s subsidiary Carmen Copper Corp. (CCC) is projecting a net profit of $22.5 million this year on the back of a $199 million gross sales revenue. In an investors’ briefing last Friday, officials of CCC also expressed confidence that its third quarter financial performance (which is expected to be announced by Nov. 19) will be much better than its second quarter performance. In a presentation by George Bujtor, executive director of CCC, it was also projected that gross sales revenue for next year would continue to increase to $315 million based on a copper price of $7,050 per ton. CCC is expected to ramp up production next year to 43,158 tons from this year’s expected production of 26,629 tons. Bujtor also revealed that ACMDC will decide by the end of this year on whether its would continue open pit or resort to underground mining to tap the remaining resources in its Lutopan mine in Tole...

PNB continues to be bullish after a posting a volume of 10,905,280 highest since July 23, 2010 PNB forming a gap up! Good luck to all!

SECB continues to test resistance at 85. 85 is the 10 year high of SECB. I hope it breaks this resistance soon. Good luck to all :)

SM seems to be showing its support level as volume hits 1M shares traded hopefully, this will not go lower than 520 Good luck to all :)

Stock Divided 40% Ex Date today September 21, 2010 News on PNX: DCL #6116: Phoenix Petroleum stock dividend declaration We refer to Circular Nos. 2338-2010 (dated April 12, 2010) and 4900-2010 (dated July 16, 2010) regarding the approval by the Board of Directors and stockholders of Phoenix Petroleum Philippines Inc. ("PNX") of the declaration of a 40% stock dividend and the increase in its authorized capital stock from Php400,000,000.00 to Php800,000,000.00… Finally, pursuant to the stock dividend declaration approved by the Board of Directors and ratified by the stockholders, the Company as confirmed by the Commission would like to announce that all stockholders as of record date of September 24, 2010 shall be entitled 40% stock dividends to be issued and paid on October 20, 2010…. STOCK DIVIDEND (UPDATE): Stock - 40% Ex-Date - September 21, 2010 Record Date - September 24, 2010 Payment Date - October 20, 2010

GEO formed a gap up long white candle to test resistance at 0.730 volume of 90,392,000 is highest since november of 2009 I hope this continues for geo! Good luck to all! :)

NRCP During the first hour of trading, I noticed that NRCP's volume was picking up at this time it is forming another long white candle. Volume highest since July 23, 2010 Good luck to all traders! :)

PSEi tested 4000 but was not able to close above this level. I hope PSEi breaks this resistance :) Good luck everyone! :)

PNX continues to rally and achieves a higher high at 9.14. PNX closed slightly below at 9.10 but a good improvement from an open of 9.0 which was the level of yesterday's high. News on PNX: DCL #6116: Phoenix Petroleum stock dividend declaration We refer to Circular Nos. 2338-2010 (dated April 12, 2010) and 4900-2010 (dated July 16, 2010) regarding the approval by the Board of Directors and stockholders of Phoenix Petroleum Philippines Inc. ("PNX") of the declaration of a 40% stock dividend and the increase in its authorized capital stock from Php400,000,000.00 to Php800,000,000.00… Finally, pursuant to the stock dividend declaration approved by the Board of Directors and ratified by the stockholders, the Company as confirmed by the Commission would like to announce that all stockholders as of record date of September 24, 2010 shall be entitled 40% stock dividends to be issued and paid on October 20, 2010…. STOCK DIVIDEND (UPDATE): Stock - 40% Ex-Date - September 21, 201...

PNX Gap Up!!! PNX continues bullish behaviour! PNX opened at High of 9 and and low of 8.50 which is above yesterdays high of 8.20 Volume diminished from 1,362,600 yesterday to 1,004,400 shares. Im hoping that PNX will not test support at 8.5 tom. Good luck to everyone!

PNX Breakout Support at 7.8 Volume highest in the past 6mos! Target: 10?!? Goodluck everyone! :)

PSEi seems likely to test resistance at 3130/3133 (2Dec2009 and 15Jan2010) Open: 3110 High: 3125 Low: 3110 Close: 3120 White candle formation (3rd straight) opening low and closing near intraday high. 3rd straight higher high. 32MA seems to be supported by 130MA and might be a lagging indicator for the uptrend. 32MA might cross above 65MA to confirm bullish trend. RSI: 69 nearing overbought level of 70 but might also signal bullishness of the index after crossing above 70 Parabolic SAR: 3049 Regrads to Prof. Cayanan, CBA, UPD; and Congratulations to the UP-CBA delegation for winning CFA Investment Research Challenge for Asia-Pacific!!! Good luck on the Global IRC Competition :) Congratulations to Team Philippines for winning the Asia Pacific leg of the Global Investment Research Challenge on 6 March 2010. The Philippine Team came from the University of the Philippines, with students Pamela Li, Raymund Siegfrid Li, Jose Mari Punzalan, Rachelle Denise Sison, Choerleen Bianca Solema, fac...

PSEi Open: 2859 High: 2864 Low: 2726 Close: 2855 What the ----!!! After hitting the 130MA PSEi made a nose dive by producing a gap down. Seems like the bears are in control... Be careful everyone :) RSI: 21 - oversold... PSEi might bounce but continue to trend downwards... 32MA 3016 crosses under 65MA 3019 - down trend...

Daily Notes The first green bar of the rally (I am currently using the charting application provided by Citiseconline, if your using amibroker it should be the first white candle) After testing a possible resistance at 3133 (15Jan2010) the PSEi has dramatically and heartbreakingly collapsed. For the past 14 trading days: 4 trading days registered green/white candles (4/14) the rest is obviously in the red/black. Two gap downs were formed which would most likely be levels of resistance. Prior to todays market action the DJIA set the mood to trend upwards. This may have been the sign investors/traders have looking forward too. The evidence: a green/white candle with little downward uncertainty. The PSEi opened low and tested highs but still closed significantly higher than its open. Open:2867 Low: 2867 High:2892 Close: 2884 Is this a sign of a possible rally? Hopefully. But the volume does not support this opinion since today's volume fails in comparison to the past 14 trading days....

Open: 37.85 Low: 36.95 High: 37.96 Close: 37.20 Gap up! The real body hit the Parabolic SAR to signal a possible uptrend in the daily chart. Hopefully HSY will test resistance at 39 :) Hershey Announces Fourth Quarter and Full-Year 2009 Results; Reaffirms Outlook for 2010; Increases Quarterly Dividend HERSHEY, Pa., Feb 02, 2010 (BUSINESS WIRE) -- The Hershey Company (NYSE: HSY): Fourth quarter and full-year 2009 net sales increase 2.2% and 3.2%, respectively Fourth quarter earnings per share-diluted of $0.55 as reported and $0.63 adjusted Full-year 2009 earnings per share-diluted of $1.90 as reported and $2.17 adjusted Outlook reaffirmed for 2010 growth in net sales of 3-5% and an increase in adjusted earnings per share-diluted of 6-8% Quarterly dividend declared and increased 7.6% on Common Stock The Hershey Company (NYSE: HSY) today announced sales and earnings for the fourth quarter ended December 31, 2009. Consolidated net sales were $1,407,336,000 compared with $1,377,380,000 for ...

Daily notes PSEi registered a green day today :) Which might be a reaction to a possible oversold level yesterday (RSI = 30.367) PSEi likely to cross the MA130 (2896) this week... The bears are definitely in control... WEB trying to find support... hopefully it found it at yesterday's low of 15.75, since it registered a higher low today of 16... PNX higher low today at 6.9 :) there might really be a support level at 6.6 :) I doubt it if PNX can break the resistance at 7.1 this week... Good luck to everyone :)