The 7 Signs of an Ascending Triangle

The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation. - Stockcharts.com

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BONUS: Where is EW now?

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Case Study: NRCP

As of 03-01-13

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Case Study: Bloom

 BLOOM Chart as of February 28, 2013

Touched previous resistance of 15.08
Next Resistance 15.9
MACD buy signal
RSI at 72.44 level

CASE STUDY: APM

A-nother P-rofit M-aking?

Will there be another upside for APM?

Yesterday it closed strongly at .165, breaking its major resistance at .162 with a higher volume than previous days. MACD released the BUY SIGNAL for this stock.

If this stock breaks the major resistance at .169 which is the All Time High (ATH) where do you think APM will go next? Hmmmnnnn… 

LET’S RIDE WITH ZEUS

Riding with ZEUS is a very LOOOONNNGGGG journey and surely you will enjoy the ride.


WARNING:  The following stocks are not for “MAINIPIN” (impatient)


This strategy works for those who has the money to invest, but have no time to monitor the ticker, board, and price actions and other stuffs used by the Tsupiteros and Tsupitera; Or maybe this could be a strategy for those who think that time deposit, SDA, RTB, Treasury Bonds and alike are best chose to be invested in. This is a strategy that will also fit for those who are preparing for their retirement.

Highly recommended for LOTTO JACKPOT WINNERS!

So hop in and enjoy the ride…..

# MEG

You can enter day after zeus strike 03/19/2012, say you have entered in the highest price, 1.89, as of writing current price is 3.9. You have approx gain of 106% in 313 days.


#APM

Day entered: 06/29/2012
Price on the day entered: .017
Current Price:.16
Gain: 841%
Days: 242

#EEI

Day entered: 12/02/2011
Price on the day entered: 3.33
Current Price: 12.6
Gain: 278%
Days: 452

Using above strategy, you are trading with no dubdub, mild heart attack and much study on stocks, all you have to do is to wait for the candlesticks to breach the blue line. So sit back, relax and enjoy the profit!

Case Study: POPI

As of 02-25-13

Observations:

• Support at 38.2% Fibonacci = Php0.67
• Support at 20-EMA (light blue line)
• MACD about to make a higher low (I'm hoping). Histogram is somehow "bottomish"
• Consolidating since 01-25-2013

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Notable brokers are present: 

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F. Yap Sec - this broker will just pad at 0.67 to support the price. 

David Go Sec - this broker will just sell. Maybe done thru transactions from F. Yap? :)

COL Financial - "nuisance"

Tower Sec - "Tsupitero na naipit?"

Case Study: LR

LR chart February 25, 2013

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Today we saw LR stock formed a bullish hammer candle from a downtrend.

A hammer is a candlestick that has a small body with a long lower shadow and should have no upper shadow.

Currently LR price is at the 50% level Fibonacci, acting as support.

RSI is about to cross the 50 Line – see more about the RSI here

LR is oversold in the Stochastic indicator and is about to give out buy signal. To learn more about Stochastic, check out this site

If the bounce continues then LR may reach and try to break once more the resistance at 9.30

CHART UPDATE February 26, 2013 CLICK HERE