Analysis of Stocks, Markets & Commodities

BUY when everyone is fearful, SELL when everyone is greedy.

Future GENerating money for us? (September 28)

 (all time weekly chart of FGEN)
 
After making a low of 14.75, First Gen Corporation (ticker symbol: FGEN) rallied in HUGE HUGE volume! I think it made an all time high volume last Friday which would be very bullish for the stock. The stock is still clearly in a downtrend but is definitely oversold despite the recent rally. I think this is a buy on dips (be cautious though) as foreign brokers continue to dump this stock. MACD is about to cross over and the relative strength has given a buy signal for this stock. My target would be near 32ma first, then previous support that was broken (now becomes tough resistance).
 
 

IPis!!! (September 14)

IPVG Corporation (ticker symbol: IP) recently broke its support at P2.65. It has a little support at P2.5 then P2.0. I don't think there is something wrong fundamentally with this stock as it had performed well in the 1st Quarter. The downtrend is still intact though and has been moving to that direction for more than a year now.

Now the question is, are you scared when you see an IPis  (cockroach) because its yucky but harmless? Or are you brave enough to pick it up?

 

CYBeR world (September 8)

All three moving averages are bullishly in place, uptrend is intact but there appears to be a strong resistance at .35

A Good Investment? (September 7)

Alliance Global Group Inc. (ticker symbol: AGI) went up tremendously a few days after announcing its intent that it will increase its buyback program. After increasing so much, a pull back is imminent, wait for it to fall further before considering buying this overbought stock.

COL me! (September 7)

CitisecOnline.com Inc. (ticker symbol: COL) is sitting right at its support of P4.80. Resistance isat arround P5.7 - P6.0