LMG Technical Analysis (March 15, 2017)

LMG catches my attention today due to huge price drop. This is one of those examples that shows how Elliot Wave Analysis can help us identify point of ruin of a trend. LMG's price simply crashes after completion of its wave C. Right after testing a key resistance several times.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

CHIB Technical Analysis (March 13, 2017)

A possible multi bagger or retirement stock. Target of wave 3 is around P72.00 or the P97.00. But take note this is the just wave 3. Impulse waves are 5 waves up but given this is an extended wave 3 then I can expect it to go above P100. Invalidation of current count is when that support area is broken.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

NOW is the Time to Buy?

Now is currently forming an elliot wave corrective pattern. Looking for a possible buy at key demand areas.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.