TRADE IDEAS – Jan 13, 2012

I guess luck is really smiling upon us. I just mentioned that GERI is lagging among our list and there it was…it shot up yesterday. So today in line with our expectation regarding speculative issue might play, we will be watching the following issues and here they are:

ACR – A low risk stock which is silently creeping up again although volume remains low at the moment. Watch if volume will increase and if it can close above and hold 1.31 level.

CYBR – As tweeted and posted on PACS’ Facebook account, stock is in a healthy consolidation. Although the stock has a good support at .89, be ready to accumulate in case it falls further between .86-.87. Resistance target will be seen at 1.0 level.

BSC – The stock is quietly consolidating upwards…nice support seen near .22 and below. The stock is seen to initially target .25.

AAI – Based on PACS, the stock is still trending down but if the it can close/hold above 54 and break above 56 then that will change but only if the conditions set are satisfied. Initial target resistance seen at 65 followed by possibly 80.

EVER – The stock seems to have become a low risk pick especially below .16 levels. Initial resistance seen at .1770 and good momentum is expected to follow after.

Possible movers only if volume starts to build but are not to be chase when get left behind are:

TA – Possible retesting of 1.32 level then 1.40 there after is seen. Good as long as it doesn’t close below 1.26. A bit high risk w/c requires some amount of trading skill which means readiness to cut if needed.

CMT – Consolidating nicely. Watch if 1.78-1.79 level will break and hold for a possible next resistance target of 1.90 level. Good as long as it doesn’t close below 1.68. High risk trade…requires a fair knowledge of trading which means readiness to cut if needed.

Note that no indicator, system or method yet that was invented to know when exactly the above stocks will move and so the best way to have an idea is to watch the ticker tape and follow the condition set. They may or may not move at all. Read disclaimer section.

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*

TRADE IDEAS – Jan 12, 2012

It is now time again to review the performance of our stock list:

LC – Stock was first recommended at the first trading day of the year. If one followed and bought, s/he should have been gaining around .17 cents already based on closing yesterday. Trade Ideas consistently track its movement correctly and was included in our comments for several times.

Initial comment made last Jan. 2, 2012:

LCB – Indeed came out as a better deal than LC as previously mentioned at the start of the trading week, (Monday).

Comments made on Jan. 9, 2012:

LR – Believers who bought near 9.0 levels now has bagged almost a .70 cents gain. The stock still is on track with the minimum target I wrote at the start of the trading year (Jan. 2, 2012).

Previous comment written last Jan 2, 2012:

MEG – stock hit our initial target yesterday which I first posted last Jan. 4, 2012 when stock was just doing 1.72. After five (5) trading days of waiting, avid followers of PACS are now happy with an initial ten cents gain.

Previously written:

ORE – I don’t know how much I stress the gleaming opportunity that TRADE IDEAS saw when the stock was just at 3.90-3.95 levels. Am sure those who believe and bought by now are waking up with a smile. Based on yesterday’s closing, they already pocketed a .32 cents gain on a very low risk trade.

Combined comments made at different dates:

GERI – The stock has been lagging but still is on track to meet our target in time. It even pulled back yesterday given investor another chance to secure a position at 2.15 level. I believe 2.12-2.15 is already a strong support which still makes this stock a low risks buy below 2.20 levels.

Comments made last Jan. 10, 2012:

I have to admit that there are a few of  TRADE IDEAS recommendation that didn’t materialized but the downside risk was so minimal that if one opted to sell, it will not even put a dent on the profits TRADE IDEAS have accumulated for us. In fact some loss is just a commission loss.

I know some of you will ask if it is alright to still buy the stocks that are listed above? Unlike the other blogs  or newsletter that you follow, TRADE IDEAS is not written so that the author will benefit from the price increase effect if you decide to buy the stocks after all have said and done. Rather, the purpose of Trade Ideas is to give its readers especially the newbies a trade advantage over the rest by sharing important information before it happens and the rest gets to act on it. TRADE IDEAS doesn’t act as a commentator who shares information to readers after the facts and when the share price has already risen substantially. So to answer the question posted at the beginning of this paragraph, although some stocks mentioned above do still have some room to go up, the margin of safety is already beyond where I am comfortable to say yes except for those stocks whose price are still near the support. A better option will be to  just wait for the next recommendation to come.

What is the reason why Trade Ideas is putting out a review on its previous recommendations? The answer is simple. I want to teach everyone the value of benchmarking. Benchmarking is the process of comparing performance to others industry bests and/or best practices from other industries. Whether you do your own stock analysis, read blog/newsletter for stock recommendations or follow tips from others, the trade outcome whether you are profiting or losing more should always be reviewed and evaluated periodically.

We do this by comparing trade outcome (bottom-line profit or loss) after every steps/changes we make in order to improve our trading. For example, a newbie who is trying to trade on his/her own suddenly decides to follow an advise of another. At a set period of time, s/he will then checks and evaluate whether the move resulted to an improvement of his/her profit or whether it made his/her trading worst. If it has made a positive difference, s/he then keeps the changes made. If not, either he/she goes back to the old way of trading wherein s/he does it on his/her own or explore other options.

It’s the same thing when following a blog or newsletter. One should continuously evaluate  the effectivity of every blog/newsletter that one follows. If it is not getting the desired result that one desires then it may be time to move on and find another. It is also not different from a professional trader who does his/her own analysis and tries to find a method or a system that works for him or her. After trying a new indicator, s/he then evaluate if it helps to improve trading or otherwise he/she drops the use of it.

There should always be accountability. Again, remember that whether we follow a blog/newsletter, a tipster or we try to use a new system/indicator….always benchmark. This is one of the way that one will able to know if he or she is doing the trade the right way or not.

For today’s trade…watch for possible index pullback to occur beginning today. The market is reaching levels that is beyond PACS’ comfort level zone.

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*

TRADE IDEAS – Jan 10, 2012

As mentioned on Jan 10, 2012 PACS issue, we will cover stocks for buy and hold strategy. Included in the list are stocks that are starting to show some positive activity and are presently in accumulation stage. Note that the best time to buy them is when price pulls back. Although they sometimes give quick buck return, they are typically slow to move compared to some third liners.

Some stock issues covered here will show previous comments along with additional new comments on red ink. Here they are:

LC – Although the price action last Friday was very encouraging…the risk level at the moment remains high and therefore we may expect some hiccups along the way as price moves higher. For support, watch 1.70 and 1.67 level. Initial resistance for today is pegged at 1.76 while the crucial strong resistance will still be seen at 1.81 level. Don’t be overly optimistic and watch the price action. For further information refer to stock chart study done last Janury 5, 2012. The stock performed weaker than we anticipated. Watch PACS’ 1.70 level carefully on closing. Bull above, which means the stock is on track to meet our set targets….slowly but surely while below it, will mean possible retesting of  1.63-1.65 level. 

LCB – Faster mover compared to LC. Good stock to trade if buy volume is under 1 million if not go with LC. See LC’s comment for cues.

ORE – will continue to watch if 4.20 will break or 3.89 level will hold on correction. Good support seen between 3.90-4.0 levels. Low risk trade. I will not be surprise if one of this days this stock starts to trade near 4.50 level given that NI is now trading above 5.0. Reiterating my call to accumulate. Continues to consolidate but currently seen as healthy.

CPM – Sympathy play mover. Watch if 1.89/1.90 will hold or if it 2.0 will break above 2.0 level. Depending on how LC/B will perform, it might retest resistance areas seen between 2.20-2.23 levels. Initial resistance after 2.0 is pegged between 2.14-2.16 areas. Will continue to tract movements of LC/B

LR – if it will start to trade above 9.50 (sign of strength) and hold or if 9.18 support level will hold or not. Support held well last Friday and showing an encouraging healthy consolidation movement. Continue to watch support level and for possible rally especially if starts to trade above 9.38 and breaks 9.50 level. Continues to consolidate but currently seen as healthy.

MEG – the stock was previously included in our list. again for medium term play, continue to accumulate especially near 1.70-1.72 levels.

GERI – good support seen near 2.15 levels. the stock is starting to trend higher. Seen to retest its 2.44-2.50 high in the medium term.

There are  no new quick buck stocks that is worth including in our list at the moment. Once I see something, I’ll include them in the list.

Below are follow up analysis on recommendation made yesterday:

PXP – Watch if 8.50-8.40 will hold on pullback or whether 8.0-8.10 will hold thereafter.  A better alternative play that offers better potential compared to PX. Strong resistance may be seen above 9.0 near 9.20 level. One of our best gainer in our list yesterday with targets satisfied. As previously mentioned, PXP performed better than PX.

APX – Laggard play. Usually moves after play have been exhausted on LC/B. Keep an eye if stock will break and hold above 4.21 level. No movement seen here yet. We will revisit once LC/B potential is exhausted.

ACR – Broke above 1.25-1.27 consolidation resistance which is  now a support area. Seen to trade higher with possible resistance target seen near 1.40. Some hesitation to break above 1.30 is seen as evidence by failure to see a follow through movement. 

Same as yesterday’s comment…

Unlike last week, trading the market this time will require more patience in order to earn a profit. Strict compliance to sell when trend turns down is still a must that we should follow.

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*

TRADE IDEAS – Jan 9, 2012

Although I remain cautious over the market, the mining sector’s trend reversal to the upside that occurred during the last minute of trading last Friday is something that we just can’t ignore. An alert was even posted over on my FB account and Twitter.

July 6, 2012 FB and Twitter alert:

As such, stocks that we will be watching for today are:

LC – Although the price action last Friday was very encouraging…the risk level at the moment remains high and therefore we may expect some hiccups along the way as price moves higher. For support, watch 1.70 and 1.67 level. Initial resistance for today is pegged at 1.76 while the crucial strong resistance will still be seen at 1.81 level. Don’t be overly optimistic and watch the price action. For further information refer to stock chart study done last Janury 5, 2012.

ACR – Broke above 1.25-1.27 consolidation resistance which is  now a support area. Seen to trade higher with possible resistance target seen near 1.40.

LCB – Faster mover compared to LC. Good stock to trade if buy volume is under 1 million if not go with LC.

CPM – Sympathy play mover. Watch if 1.89/1.90 will hold or if it 2.0 will break above 2.0 level. Depending on how LC/B will perform, it might retest resistance areas seen between 2.20-2.23 levels. Initial resistance after 2.0 is pegged between 2.14-2.16 areas.

APX – Laggard play. Usually moves after play have been exhausted on LC/B. Keep an eye if stock will break and hold above 4.21 level.

PXP – Watch if 8.50-8.40 will hold on pullback or whether 8.0-8.10 will hold thereafter.  A better alternative play that offers better potential compared to PX. Strong resistance may be seen above 9.0 near 9.20 level.

Some other stock we are watching with last Friday’s comment included:

LR – if it will start to trade above 9.50 (sign of strength) and hold or if 9.18 support level will hold or not. Support held well last Friday and showing an encouraging healthy consolidation movement. Continue to watch support level and for possible rally especially if starts to trade above 9.38 and breaks 9.50 level.

ORE – will continue to watch if 4.20 will break or 3.89 level will hold on correction. Good support seen between 3.90-4.0 levels. Low risk trade. I will not be surprise if one of this days this stock starts to trade near 4.50 level given that NI is now trading above 5.0

Again let me reiterate, I don’t think the trades on mining sector will become an easy picking and so don’t be very optimistic. Watch your exit and cut loss point. Don’t chase if there’s no resistance broken. Stock price doesn’t normally go vertically up especially heavy stocks like LC/B. Look for intra-day correction for entries if left behind. If not, wait for some pullback to occur (if there is an opportunity…)

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*

TRADE IDEAS – Jan 6, 2012

I believe foreign investors are starting to look back again on the EURO problem. We now have EURO currency trading below 1.30 which is at 127.90 level, Italy’s 10year Government bonds trading above 7 threshold which currently at 7.09, Hungary – a non-Eurozone country – which is also on the brink of a currency crisis and lackluster French bond auction.  All pointing towards a rising funding costs in Europe and the possibility of further bank and sovereign downgrades. Europe is down and so are the Asian markets except for Hang Seng index. Dow also almost closed much lower last night if not for the positive US job news that came out.  The question is…how will the Dow trade if there will be no US economic good news to save it again?

As such, there will be no new recommendation for today. We will instead focus our effort on protecting/maximizing our profits on stocks that we already bought and are continuing to give us profit like LMG and AAI. We will also monitor previous recommendation and will be ready to sell if the need arises.

LR – if it will start to trade above 9.50 (sign of strength) and hold or if 9.18 support level will hold or not.

EVER – if price will continue to hold above .1620 on correction or not.

CPG -if there will be a follow through or if 2.04 will hold on correction or not.

ACE- whether the stock can break above 3.30 or can manage to hold above 3.07 level on correction.

BSC – the stock might track OIL world price movement. since it corrected last night, expect some selling pressure today. watch if .2060 level will hold or not.

ORE – will continue to watch if 4.20 will break or 3.89 level will hold on correction.

Remember that it is a mortal sin in trading to turn your profits into a loss but it is always good to maximize profits. Don’t forget to set your trailing profit stop. This will help in maximizing profit and protecting whatever gain one has.

Lastly, I expect some pullback to occur anytime soon beginning today or early next week. Thus the prudent thing to do after a good profitable week is to savor our winnings….relax and recharge.  We will need all the energy we can muster the next time we engage in a trading campaign again. Congratulations for all of you who earned this week!  🙂

Alpha

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*

TRADE IDEAS – Jan 5, 2012

Our gains for the week just kept on adding up but since Friday is just around the corner, I believe we have to wrap up some trades that made money. Today we will continue to be cautiously optimistic. We will take every spike in prices as an opportunity to unload positions. If ever we will do some buying, we will be watchful for any weakness that might occur. We will enter a trade with a mind set to cut if needed or will not buy at all.

LMG – Indeed my 1.60 minimum target that I gave was hit yesterday and it even went up higher. Watch your trailing stops to maximize and protect your profits. (I hope you do know how money management in trading works..if not try to google and study it or  otherwise base your action on PACS.)

Jan 3, 2012  (Tuesday) previous comment:

AAI – Another big gainer on our hands. The trick now is for us to maximize our profits. Remember to set your trailing stops.  (otherwise base your action on PACS)

Jan 4, 2012 (Wednesday) previous comment:

AAA – If your still holding the stock watch if stock will hold above 3.52 (if not, sell) and if ever price spikes near and especially above 4.00, be ready to sell. (otherwise base your action on PACS)

Jan 4, 2012 (Wednesday) previous comment:

For today we will be watching the following for trading buy potential:

CPG – if it will break above 2.04 level.

ACE – if 3.13 will be broken with volume and will be able to close higher than 3.30 (an indication of strong momentum).

ORE- Started moving yesterday when NI started to hit 5.0 level. We will watch for follow through today. Momentum is seen to improve if it can close higher than 4.20.

Jan 4, 2012 (Wednesday) previous comment:

EVER – Same analysis as before but watch if it can close above .1770 which will indicate an improvement in momentum.

BSC – Watch if .stock will be able to hold above .2060 and also if OV will remain strong. Sentiment spillover play from OV.

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*

TRADE IDEAS – Jan 4, 2012

For today, watch the following stocks…namely:

MEG – This is not for short-term buy but more like for positioning trader. Momentum might resume especially on a trade above 1.74. Initial move should take the stock back to 1.82-1.84 level.

CPG – Watch if stock will trade above 2.04 level. If it does, the stock may become a possible trading buy target.

Also just observe and monitor the developments of SFI, ICTV and OV.

OVERALL, BE VERY SELECTIVE AND CAREFUL WITH BUYING especially stocks that have risen for several days already. Smart money might take advantage of Dow’s gain and sell.

Follow through on past recommendations made:

EVER – Watch .18 and .16 levels. Stock may consolidate if it fails to break above .18 again.

TA – For those who followed the recommendations and bought between 1.14-1.16 levels, congratulations! Watch your exit point and don’t forget to take profit.

LR – Started strong yesterday but momentum failed to sustain. Watch 9.0 carefully. As I’ve said as long as this level holds then 9.80 remains viable.

LC – Congratulation again to those who bought! I believe I mentioned LC  many times, yesterday and the other day….

TRADE IDEAS – Jan 3, 2012

at the same time, I mentioned LC also on PACS newsletter comment- Jan 3, 2012 issue….

and LC was included also on TRADE IDEAS – Jan 2, 2012 issue…

I hope you were one of those readers  who were able to buy below 1.58 levels. If you did and you’re a short-term trader, watch above 1.70 and don’t forget to take profits. Otherwise if your medium term trader, follow PACS sell signal.

Yesterday’s recommendation with today’s comment:

AAI – Watch if  there will be a follow through movement today. Note that this stock has been in consolidation after the multiple ceiling play.  After that play, investors became hesitant to touch it again because of uncertainty on what the new management plan to do. Now that the stock holders meeting is just around the corner which is on Feb 6, 2012, I believe speculators will start to play it again as some will speculate that a grand plan will finally be revealed on the day of the meeting. Momentum may be seen if the stock starts to trade and close above 34 level. gained  6% yesterday..watch 32 if it will break above and hold. possible resistance today seen between 33-34 levels.

AAA – Possible retesting of 3.65  and 4.00 level seen if stock can break and hold above 3.30 level. Strong momentum can be further seen if it close above 3.47 not bad, another winner on our list with 8% gained yesterday. don’t forget to take profit. 

ACE – Trading buy on break above 3.13 level with initial resistance seen at 3.30. Strong momentum can be further seen if it can close above 3.30 level. no buying done because the stock failed to satisfy our 3.13 break level. 

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*

TRADE IDEAS – Jan 3, 2012

Most stocks in our TRADE IDEAS list were included in the top gainers and performed well yesterday. Today, I am adding three stocks which can also become a mover for today. I will call them the triple A stocks. Here they are:

AAI – Watch if  there will be a follow through movement today. Note that this stock has been in consolidation after the multiple ceiling play.  After that play, investors became hesitant to touch it again because of uncertainty on what the new management plan to do. Now that the stock holders meeting is just around the corner which is on Feb 6, 2012, I believe speculators will start to play it again as some will speculate that a grand plan will finally be revealed on the day of the meeting. Momentum may be seen if the stock starts to trade and close above 34 level.

AAA – Possible retesting of 3.65  and 4.00 level seen if stock can break and hold above 3.30 level. Strong momentum can be further seen if it close above 3.47

ACE – Trading buy on break above 3.13 level with initial resistance seen at 3.30. Strong momentum can be further seen if it can close above 3.30 level.

Below are the following comments I wrote yesterday January 2, 2012. I’m adding additional notes which will be written on red ink.

EVER – sentiment play if WIN/PHES starts to move again. As long as .17-.16 holds, the play may not be over. Watch  if the recent high at .1940 will be broken. If it breaks, initial resistance will be somewhere between .2040-21.20.

FAF – monitor if volume starts to increase daily. No volume increase seen yesterday thus no buying done. 

FOOD – consolidating nicely. good buy prospect if it can hold above 1.40 level. Price adjusted yesterday due to dividend.  Price still gained if one will account the 15.78% stock dividend that the company issued.

LC – monitor for buying opportunity especially if it close above 1.57 or trades near or below 1.50 level. Trend reversal from down to up was seen yesterday. LC lovers may start to look for entry point as long as it doesn’t close below 1.56 level.

LCB – take cue from LC

LMG – I will not be surprise if one of this days, a takeover rumor resurfaced again. In comparison with other companies having similar float in the market, this stock should at least be trading at 1.60 levels. 1.20 and below should be an attractive levels to start to accumulating. Risk: stock suspension or possible delisting. Still in consolidation phase

LR – watch 9.0 closely, if it holds then retesting of 9.80 level might be possible. Possible mover today along with BEL and maybe APC

ORE – possible buy if stock can close and hold above 4.20 level. Watch very closely as NI’s price climbs higher. There is a big chance this stock will catch up and go up soon especially if NI starts to trade near 5.0 level

PGOLD – avoid and reassess for possible re-entry near 16.83-17 levels. Showed some strength yesterday. PACS trend still showing bullishness. My “avoid” outlook might need some re-evaluation especially if stock price starts to trade above 18.20 level.  

TA – buy near 1.13 if starts to trade at 1.14 and hold above 1.13. Nailed it yesterday….follow PACS signal for selling.

WIN – consolidating nicely above .25 level. as long as it holds above it, .31-.33 target is a possibility. Another star in our list and even went above our target. Watch if .31-.33 will hold.

PHES – take cue from WIN.

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*

TRADE IDEAS – Jan 2, 2012

EVER – sentiment play if WIN/PHES starts to move again.

FAF – monitor if volume starts to increase daily

FOOD – consolidating nicely. good buy prospect if it can hold above 1.40 level.

LC – monitor for buying opportunity especially if it close above 1.57 or trades near or below 1.50 level.

LCB – take cue from LC

LMG – I will not be surprise if one of this days, a takeover rumor resurfaced again. In comparison with other companies having similar float in the market, this stock should at least be trading at 1.60 levels. 1.20 and below should be an attractive levels to start to accumulating. Risk: stock suspension or possible delisting.

LR – watch 9.0 closely, if it holds then retesting of 9.80 level might be possible.

ORE – possible buy if stock can close and hold above 4.20 level

PGOLD – avoid and reassess for possible re-entry near 16.83-17 levels.

TA – buy near 1.13 if starts to trade at 1.14 and hold above 1.13.

WIN – consolidating nicely above .25 level. as long as it holds above it, .31-.33 target is a possibility.

PHES – take cue from WIN.

*Please note that PACS’ price  alert level will always supersede any opinion coming from the author.*