The longer-term Simple Moving Averages (SMAs) are above the shorter-term SMAs of PSEi. That puts the main index in a confirmed bearish territory as far as the alignment of the simple moving averages is concerned.
PSEi must break above the resistance levels of 8140, 8300, and 8500 to regain the bullish state it has temporarily lost.
If the index won’t sustain its 2-day ascent, PSEi might go down all the way to the 7000 level before 6640.
You can interpret what’s happening in different ways depending on your profile.
As a Long-term Investor
If you’re going to ask the long-term investor version of me, I will translate this market as an opportune time to buy more shares of my long-term stocks at a cheaper price. I will continue to invest 20 percent or more of my net income on my long-term stocks on a monthly basis.
As a Short-term Trader
On the other hand, the short-term trader version of me will trade with more caution. I will not make a buy or sell decision unless I’m fully convinced with what my top 10 players, price-volume distribution, foreign fund flow, risk level, volume charts and other proprietary tools tell me. This is not the season to carelessly decide based on luck. No way!
Because of the current unstable state of our market, there’s no better time to get a seasoned and experienced mentor than during times like this.
It is during this bearish season that I’m consulted the most. Many are interested to have a direct contact on me and my team. The majority of our clients are all praises as you can see on our testimonials.
Some of you subscribed to my free newsletters. You can compare the quality of my free stuff with what you get from Facebook Groups or elsewhere.
Some of our customers say that our free stuff is already the premium stuff of other providers of stock market consultancy services.
That’s how I kill the competition.
I give away for free what my competitors charge you for a fee.
You subscribe to my premium service if you want to get more of me.
But hey, I’m not here to talk all day.
I am going to give you a good deal.
You will get 3 months free for every year of subscription to the GOLD package.
Our GOLD Package consists of 5 services:
- Stock Market Tutorials
- Stock Ranking System
- Daily Stock Analysis
- Top 5 Gainers and Top 5 Losers Analysis (daily video)
- Private Clients Forum
If you’ll subscribe for 1 year, you’ll get 1 year and 3 months.
If you’ll subscribe for 2 years, you’ll get 2 years and 6 months.
Our standard rate for the GOLD package is
Use the promo code GOLD30K so you will only pay P30,000.00 flat.
PSEi closed at 7721.02 as of 27 April 2018.
This offer is valid while PSEi is below the 8,000 level.
You can pay with your credit card, PayPal, online fund transfer (bank-to-bank), and via remittance.
- AskJaycee#14: Build a Business Based on Your or Customers’ Personality? - August 21, 2020
- AskJaycee#13: Will the Stock’s Price Go Up or Down? - June 19, 2020
- AskJaycee#12: Will the Philippine Stock Exchange Index Re-enter 7,000 This Week? - June 15, 2020