Post #11: D&L Industries

$DNL

chart by www.bigcharts.com

The weekly chart of $DNL shows a perfect cup and handle formation. A breakout on this level, accompanied with good volume will trigger a buy for me.

This stock along with $STI will be my focus for now. The rest will stay at the watchlist.

$STI

chart by www.bigcharts.com

Moved my trailing stop on $STI at P1.00. I conclude that breakout is confirmed and P1.00 will be the new immediate support.

From hereon, I will do nothing but watch my stop and look for opportunity to add more position in case the trend continues to point upward.

Post # 10: Updated watchlist

PSEi started to perform better after the New Year. My risk signal is starting to loosen up and I'm ready to take additional positions.

My watchlist includes stocks that are breaking out of their new high and showing strength in volume.

Currently I am eyeing $MCP, $PX and lately added $DNL and $MARC.

I am currently +11.55% on $STI, the only stock on my portfolio right now.

I will be closely watching for more opportunities to enter additional positions.

Post #9: PSEi back at 7200+

The index closed at 7248 points yesterday. We're going to see if reversal is confirmed next week.

Portfolio: $STI closed at P1.05. Let's see if it will move its support at P1.00.

Watchlist: $MCP, $SMPH, $PX

These three are showing signs of breaking out. I particularly like the patterns that their prices are making.