Universal Robina Corporation (URC)

URC 3-YR Daily Chart



URC seems like nearing/at the bottom already as there has been a bullish MACD divergence on the daily charts.

If the bands constrict at 34 levels, a breakout from that level would suggest the reversal of the intermediate trend.

Watch it, no need to rush to get in as it might still slide further.

Metastock!

I finally got myself Metastock! Yay! I am psyched! Anyway, I have been tinkering with it last night and I find some useful stuff like scanning the entire market with your own trading conditions, etc etc. Unfortunately, I only have 6 months worth of data to backtest the trading systems that are included in the application so that's a little let down. Anyway, I am trying to figure out how to get and convert the downloadable data from citisec.

Thanks to Sir Jax (from FM) a.k.a. Mr. Jun Ignacio. You can visit his website at http://funnymentals.uphero.com. If you need help to systematize your trading, you can avail his services through the website! Many thanks again sir Jax!

Got to go and play with Metastock!~

*AP is looking to head down to 30.50 before bouncing back up! I am basing on intraday speed resistance lines. It has broke down from 2 speed resistance lines so it is now heading for a quick intraday drop!

Sucker game in play?

I was choosing between CYBR and LND today and I decided to buy CYBR at 0.81 at the closing with my available funds today as it seems to have stronger momentum. Hopefully it goes well tomorrow.

LND formed a bullish engulfing which provides a good signal for short term trading. However, it is relatively at the top of its trading range which I feel much risky than the momentum setup in CYBR.

I missed PA too as there's no way for me to buy it(well I was trying to figure out ways to trade this type of issue). Buying PA at the closing is probably the best method to take position in this type of issue - plus the fact that it was illiquid for the past year - no way for me to catch a trade like this.

Hopefully, I could get out alive with CYBR just in time for MER/MPI/SMC/LC.

Still holding AP. Let's see how it goes next week. For the meantime, basura plays. :)

Oh, and I finally figured out how to trade those long white candlesticks! :)