Trading Journal: SLI (Oct. 5, 2010)

Figure 1: SLI Price Chart

Information:

Date Bought: Sept. 29, 2010         Buy Price: 2.05

Date Sold: Oct. 5, 2010                Sell Price: 2.28

% Gain: 10.01%

Remarks:

Never expected SLI to regained back its momentum today. But anyway, I was able to sell and gain some profit from SLI yesterday after it has shown some weakness on its momentum upward.

Trading Journal: PIP (Oct. 5, 2010)

Figure 1: PIP Price Chart

Information:

Date Bought: Sept. 15, 2010           Buy Price: 2.83

Date Sold: Oct. 5, 2010                  Sell Price: 2.76

% Gain: -3.29

Remarks:

I cut loss on PIP because it is way beyond my holding time of 15 days. Then it is also extremely consolidated and very prone to a breakdown. Anyway, I made some money out of PIP through its cash dividend.

Trading Journal: AP (Oct. 5, 2010)

Figure 1: AP Price Chart

Information:

Date Bought: Sept. 23, 2010        Buy Price: 20.58

Date Sold: Oct 5, 2010                Sell Price: 22.10

% Gain: 6.20%

Remarks:

Sold AP yesterday because it is at the overbought area of my indicator and then it is also located at immediate resistance area.

Trading Journal: MPI (Oct. 4, 2010)

Figure 1: MPI Price Chart

Information:

Date Bought: Sept. 21, 2010          Buy Price: 3.64

Date Sold: Oct. 4, 2010                 Sell Price: 3.82

% Gain: 3.80%

Remarks:

Sold MPI because my swing target price was hit and at the same time it is also at the overbought area of my indicator (not shown). Transferred funds also to MEG and FLI. Been accumulating this two stocks lately. Big expectation to rise base on fundamental valuations of the two as recommended by the TruelyRichClub.

Trading Journal: ALI (Oct. 4, 2010)

Figure 1: ALI Price Chart

Information:

Date Bought: Sept. 21, 2010        Buy Price: 17.48

Date Sold: Oct. 4, 2010               Sell Price: 18.00

% Gain: 1.99%

Remarks:

Sold ALI because it has already hit my swing target price then it is also at the overbought area of my indicator. Added funds to MEG and FLI.

Trading Journal: MWC (Oct. 4, 2010)

Figure 1: MWC Price Chart

Information:

Date Bought: Sept. 21, 2010     Buy Price: 18.66

Date Sold: Oct. 4, 2010            Sell Price: 18.80

% Gain: -0.27%

Remarks:

I need to cut loss on MWC to add some funds for MEG and FLI. Overall MWC demand is also weak as indicated by its volume at below average for the past days.

Trading Journal: RLC (September 24, 2010)

Figure 1: RLC Price Chart

Information:

Date Bought: September 21, 2010          Buy Price: 15.88

Date Sold: October 1, 2010                    Sell Price: 16.66

% Gain: 3.77 %

Remarks:

I sold this stock because it goes above my initial swing target price. Then the volume is below average even though it was able to produce a long white bodied candlestick. This is not very convincing then the price has reach the overbought area of my indicator.

Trading Journal: SLI (September 29, 2010)

Figure 1: SLI Price Chart

Information:

Date Bought: September 29, 2010             Buy Price: 2.05

Remarks:

- I like what I am seeing with SLI right now. A big bullish white candlestick with huge volume last Friday simply indicates that SLI is awake once again. Expecting some continuation upward this week.

Trading Journal: BEL (September 24, 2010)

Figure 1: BEL Price Chart

Information:

Date Bought: September 23, 2010         Buy Price: 2.39 (average)

Date Sold: September 24, 2010             Sell Price: 2.29

% Gain: -5.23%

Remarks:

- I sold BEL for my cutloss area was hit and I don't like that big bearish candlestick that formed that day. I shifted my funds to MEG and FLI.

Trading Journal: RCB (September 23, 2010)

Figure 1: RCB Price Chart

Information:

Date Bought: September 16,2010      Buy Price: 25.85

Date Sold: September 23, 2010         Sell Price: 29

Profit % Gain: 10.97%

Remarks:

Never expected that RCB can push itself higher after I sold it at around 29. Anyway, my reason for selling it at that level was that my extreme target price of 28.60 was finally been hit and that the price is located at the upper portion of its price range. Indeed the following day RCB corrected and is accompanied with above average volume.

Trading Journal: FLI (September 23, 2010)

Figure 1: FLI Price Chart

Information:

Date Bought: September 23,2010   Buy Price: 1.42

Remarks:

FLI is trying to build a base near its possible support located around 1.46 - 1.47. This stock is also at the oversold level. What I like about FLI is that its upward trend or price channel is still intact.

Trading Journal: BEL (September 23, 2010)

Figure 1: BEL Price Chart

Information:

Date Bought: September 23, 2010      Buy Price: 2.39 (average)

Remarks:

I bought BEL for the reason that it is already at oversold level and that it is near a possible support area. Overall upward trend direction is still intact for they are all still pointing or slopping upward.

Trading Journal: AP (September 23, 2010)

Figure 1: AP Price Chart

Information:

Date Bought: September 23,2010         Buy Price: 20.64 (average)

Remarks:

I bought AP for the reason that it is already at oversold level and that its price is near a possible support area. To add to that AP is one of those top performing stocks on its sector. Also just recently there was a news that AP is planning to build more hydropower plants.

Trading Journal: MWC (September 21, 2010)

Figure 1: MWC Price Chart

Information:

Date Bought: September 21, 2010    Buy Price: 18.66

Remarks:

I made a mistake on buying MWC at 18.66. This was the high for that day. My mistake here was that I forgot to check out the volume transacted for that day (below average) and that the long bodied candlestick pattern was just a false breakout move. Anyway, I am still holding on to this stock because it is forming a possible symmetrical triangle, its already at the oversold level, and then its overall trend direction is upward.

Trading Journal: MPI (September 21, 2010)

Figure 1: MPI Price Chart

Informaton:

Date Bought: September 21, 2010   Buy Price: 3.64

Remarks:

MPI was at tag of war between the buyers and sellers. My bet is the buyers will be able to win this game soon because MPI is at the oversold area of my indicator (not shown) and near a possible support area. Psychological support area is at 3.60.

Trading Journal: ALI (September 21, 2010)

Figure 1: ALI Price Chart

Information:

Date Bought: September 21, 2010     Buy Price: 17.48

Remarks: 

I was planning to buy ALI at 17 or near its support line, but because it opened at a higher price than the previous day, I was force to readjust and buy at 17.48 for a possible Hit and Run pattern. But unfortunately I never expected that there are still lots of sellers even thou ALI is at oversold which depleted the price momentum on that day and force ALI to close near its low. Luckily being at oversold level, ALI was still able to hold on to its support. Right now the previous two trading days are inside day candlestick patterns which is an indication of a stock at consolidation. I am expecting ALI to resume its upward move soon.

Trading Journal: RLC (September 21, 2010)

Figure 1: RLC Price Chart

Information:

Date Bought: September 21, 2010      Buy Price: 15.88

Remarks:

I bought this stock for a possible momentum play last Sept. 21, but unfortunately the momentum upward was depleted as late sellers entered the market. Luckily since this stock was at the oversold area of my indicator, the probability of holding on to nearby support was huge. Currently this stock is forming a possible symmetrical triangle pattern which is a continuation pattern heading upward.

Trading Journal: RCB (September 16, 2010)

Figure 1: RCB price chart

Information:

Date Bought: September 16, 2010     Buy Price: 25.85

Reason for Buying:

- Price is located near a support area and is currently at the oversold area of my indicator (not shown).
- Above average volume transaction for today.

Trading Journal: PIP (September 15, 2010)

Figure 1: PIP Price Chart

Information:

Date Bought: September 15, 2010        Buy Price: 2.82

Reason for Buying:

- It formed a reversal candlestick pattern (hammer).

- It is already at the oversold area of my indicator.

- There will be a cash dividend of  P0.10 per share. (Ex date September 21, 2010).

- South Korea's Lotte Chilsung Beverage Co. is buying 34.4% shares of PIP.

Trading Journal: BEL (September 8, 2010)

Figure 1: BEL Price Chart

Information:

Date Bought: September 6, 2010            Buy Price: 2.22

Date Sold: September 9, 2010                Sell Price: 2.39

% Gain: 6.49%

Reason for Selling:

- Price is at the overbought area and is near the psychological resistance 2.40.