Charting: $PSEi, $GERI, $NIKL, $PNX

Posted Leave a commentPosted in Stock Market 101, Stocks, Technical Analysis, Charting

Index closed up by 130pts or 1.5%. Curiously, there was significant movement on close from index heavyweights ($SM, $AC, $ALI). Good bounce from the 9SMA, and today’s action seem to negate the long bearish candle last Friday, continuing the bounce since Oct27. 8600 resistance coming up.

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You’re Meant To Be Financially Free: Ask With Faith and You Shall Receive

Posted Leave a commentPosted in Reflections, Financial Freedom, Personal Finance, Truly Rich Club

I believe this healthy faithful mindset about money and about riches is crucial if we are to pursue the road to financial freedom. Not just because we want to, not just because we have to, not just because we can, but because we are made to, we are meant to. Because our God wants us to.

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Technical Analysis FNI 20170718

Technical Analysis: Global Ferronickel Holdings (FNI)

Posted 3 CommentsPosted in Stock Market 101, Stocks, Technical Analysis, Charting

PSE: FNI is now at 2.77 which is the 23.6% retracement from Nov2016 highs and 2.33 lows / support. Can the stock break the resistance this time with a slower pace (almost 1 month) compared to previous attempts which were faster and steeper? Or will it be another failed attempt? Other indicators such as stochastics, MACD and RSI are still supportive of a further run.

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