Monday, October 3, 2016

October 3, 2016 - PXP, ANI, DAVIN, MRC

Today starts the first trading day of the last quarter of the year. Hoping to catch some good profits para happy sa Christmas.hehe.

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PXP - PXP Energy Corporation
* trading above the MA lines looks good
* but nauntog today sa major resistance @ 4.00 level
* it could try to break the resistance again tomorrow
* but I will wait for a retracement and buy around 3.58 
* cutloss at around 3.40 

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ANI - AgriNurture, Inc.
* made a breakout from the MA lines last friday
* and made a follow up today with a nice marubozu
*  looks like a W pattern to me but 4.00 might be a tough a resistance, lets see tomorrow
* I bought some shares at the closing today @ 3.89
* cutloss at around 3.69 and takeprofit at around 4.60

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DAVIN - Da Vinci Capital Holdings, Inc.
* classic triangle breakout with 6.50 as the breakout point
* nice volume too, with momentum, big chance to continue tomorrow
* davin was not on my watchlist but since it was the top gainer napasilip ako sa chart
* was kinda late to see the chart but I still bought some shares @ 7.24
* instant profit sa closing, and will lock in profit sa opening (sell half)
 
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 MRC - MRC Allied, Inc.
* very nice bullish uptrend
* but looks like it has reached its peak and a big retracement is coming
* volume is pointing downwards and losing momentum too
* I will wait for it @ 0.18 level
* but it might not reach 0.18 if it is making a triangle

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