Monthly Trending Stock Picks – August 2017

Welcome to another release of our stock picks for the month of August. In this selection of stocks, we focused more on the trend and market structure, and of course with the combination of signals from our trading guide (QuantDS PSE). Don't let the month of Aughost stop you from making money! 😀 Click the images to enlarge.

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Stock Picks

A. Soriano Corporation (ANS)

A. Soriano

$ANS Daily Chart

A. Soriano

Signal

A. Soriano

Support/Resistance

$ANS is in a strong uptrend composed of large bullish candlesticks. All moving averages (MA) are pointed upward, with 20-day EMA acting as dynamic support. Notice also that there are very few bearish candles and a lot of lower price rejections with pinbars aligned with the uptrend. The Signal table shows a Low Risk Buy with 55% probability. A Buy Stop is also present in the Alert column which tells price might break above resistance. We suggest traders who want to buy $ANS to set stop loss below 6.80. See the Support/Resistance table above for prices.


BDO Unibank, Inc. (BDO)

BDO

$BDO Daily Chart

BDO

Signal

BDO

Support/Resistance

$BDO was on an uptrend followed by a build up forming an ascending triangle pattern. Price tested the resistance a couple of times then it broke out, turning it into support. Yes, the pinbar is present, but we don't rely on it because it's against the trend. We advise traders who want to buy $BDO to accumulate near the support level @ 125 and set stop loss below 200-day EMA (green line). The Signal table above shows a Buy @ Uptrend Support with 52% probability, which supports the bullish price movement of BDO.


Century Peak Metals Holdings Corporation (CPM)

Century Peak Metal

$CPM Daily Chart

Century Peak Metal

Signal

Century Peak Metal

Support/Resistance

Just like $ANS, $CPM is in a strong uptrend. MAs are all pointing upward with 20-day EMA acting as dynamic support. The Signal table also shows the stock is on Momentum and generated a Trigger Buy recommendation with 50% probability. But a Hold/Confirm was generated in the Alert column so it's better to watch the price action before accumulating. Set stop loss below the uptrend line or at 1.07. See the Support/Resistance table above for prices.


Phoenix Petroleum Philippines, Inc. (PNX)

Phoenix Petroleum

$PNX Daily Chart

Phoenix Petroleum

Signal

Phoenix Petroleum

Support/Resistance

$PNX moved from moderate to strong upward trend and we can expect it to continue. A consolidation followed the price rally and now forming a build up, testing the resistance multiple times and might break above it. The Signal table also shows the stock is on Momentum and generated a High-Risk Buy recommendation with just a low 46% probability. But a Hold/Confirm was generated in the Alert column so it's more advisable to wait for the breakout before accumulating. You may set your stop loss below 11.65. See the Support/Resistance table above for prices.

Chart

  • Upward Trend (with higher highs and higher lows).
  • Price above 200-day SMA.
  • The price touched the support (trend line/50-day SMA/20-day SMA) at least twice.

QuantDS PSE Data

  • Price is 0 to 1 or more days above Trigger Price.
  • Stock Filter: In Momentum or Reversal.
  • Recommended Action:
    • Breakout Buy, Trigger Buy, Low-Risk Buy, and Buy @ Uptrend Support with High Percent Certainty.
    • High Risk Buy or Trigger Sell with Low Percent Certainty.

Please be reminded that this is for information purposes only and should not be taken as investment advice. Trade at your own risk. Please read the Disclaimer.

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