Monthly Trending Stock Picks – June 2017

Stock Picks

Aboitiz Power Corp (AP)

Aboitiz Power

Aboitiz Power

QuantDS PSE Signals

Aboitiz Power

Support/Resistance Levels

  • After one a half year, $AP revisited (December 2015) major support level @ 39.00. Stochastic oscillator finally broke above 20% line after staying in the oversold level for almost a month. With these, there's a big possibility of bullish reversal.
  • A 'Watchlist-Reversal' is shown in the Filters column and QDS data also generates a 'Low-Risk Buy' with a high certainty of 57%. These signals support the possibility of bullish reversal for $AP.
  • Check resistance levels in the table above. A true breakout above those prices (from 39.5 and up) will confirm the reversal.
  • Take note that trading reversals are much riskier but more rewarding if done correctly.

 

Century Pacific Food, Inc. (CNPF)

Century Food

Century Food

QuantDS PSE Signals

Century Food

Support/Resistance Levels

  • The stock price finally breached 200-day MA and resistance levels turned into supports. Also, higher high and higher low were formed which tells that $CNPF is already in an uptrend.
  • Profit taking might take place as the price stretched above the resistance levels.
  • QDS data generated a 'Shortlist-Momentum' in the Filters column and a High Risk Buy with low certainty percentage of only 42%. A Buy Stop in the QDS Alert column is also shown. These signals suggest that $CNPF price might continue to move upward.
  • We advise traders to wait for the price to move near support levels if planning to buy. Check the support and resistance prices for $CNPF in the table above.

 

Premium Leisure Corp. (PLC)

Premium Leisure

Premium Leisure

QuantDS PSE Signals

Premium Leisure

Support/Resistance Levels

  • $PLC is moving in a strong uptrend since the beginning of last year and still possible to continue. Upward trendline and 50-day MA act as support.
  • QDS data generated a 'Shortlist-Momentum' in the Filters column and a High Risk Buy with low certainty percentage of only 34%. A Buy Stop in the QDS Alert column is also shown. These signals suggest that $PLC price might continue to move upward.
  • We advise traders who want to ride the trend to accumulate near or on the support level. See support and resistance levels in the table above.
  • Set stop loss below uptrend line.

Requested Stock Analysis

Megaworld Corporation (MEG)

Megaworld

Megaworld

QuantDS PSE Signals

Megaworld

Support/Resistance Levels

  • $MEG price moved upward sharply after a breakout and retest on the 200-day MA. With this, we can expect for a possible continuation of a bullish price movement.
  • A (bullish) rounding bottom pattern might also be completed. Traders can ride the trend for a profit of around 20% up to the major resistance level.
  • $MEG is on an upward momentum based on Filters column in the spreadsheet. QDS data also generates 'Buy @ Uptrend Support' in the Reco column with a high (51%) certainty.
  • We advise traders who want to buy to accumulate near or on the support level. See support and resistance levels in the table above.

Criteria

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.

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