Bakit Aakyat Si DITO This Week? (Technician’s Point Of View)
Inulan na naman kami ng emial at messages about DITO.
Wala akong any inside information kay DITO.
Hindi rin ako gumagamit ng fundamental analysis sa pagtitrade.
Let me just do what I do best!
Uspaang Technical Analysis tayo.
Take a look:
Makikita mo sa chart na yan na bumagsak si DITO dati.
Nagtry magbounce pero nagfail kaya ang result ay nakagawa siya ng swing high.
Bumagsak ulit kaya ang swing high na yun ay naging significant na point of resistance.
Nagbottom siya then umakyat.
Sa pag-akyat niya ay nabreak niya ang swing high na yun.
Breakout that leads to an uptrend.
Umangat siya above 1 peso.
Bumagsak na naman siya ulit.
Nagtry na naman magbounce. Nagfail.
Gumawa na naman ng swing high.
Bumagsak more. Nagbottom.
Umakyat after bottom at nabreak na naman ulit ang swing high resistance.
If history will repeat ay start na naman ito ng matinding uptrend ni DITO.
May huge news about TEL and DITO last week:
I do not think na yan na ang last partnership ng DITO this year.
Aakyat si DITO this week?
Yes, if uulitin niya ang ginawa niya noon.
No, if di niya uulitin ang ginawa niya noon.
Hindi ko alam ang mangyayari kasi wala naman ako bolang kristal.
Lets just wait and see what happens.
Kung naghahanap ka ng trading idea or trading plan na solid ay let me give you one.
Entry at 0.8
Cut at 0.72
Ang risk mo ay around 9-10 percent.
May you trade well.
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