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Featured Trader of the Week: @smljoju

Congratulations to @smljoju for being the featured trader of the week! 

Sun Tzu once said that “Every battle is won or lost before it’s ever fought.” In the case of @smljoju, he believes that his trading plans curated with the help of Technical Analysis will help him win his battles. 

@smljoju has been sharing his thoughts consistently in the Investa community. @smljoju has been a member of the Investagrams community since Dec 2019 and has been very active recently. 

A couple of weeks ago, our featured trader posted his sequential technical analysis on $NIKL, a hot stock in the local market. $NIKL is recently retesting at 6-ish area and were bound for a break of trendline or a plunge from the resistance area.

As the stock recently reached bottomed at 4.88-ish (52-wk low). @smljoju charted its support, volume,  resistance, trendline, and RSI on the chart, bound for a breakout or retest in its trendline as he believes in its technical analysis. @smljoju felt an opportunity to have a good entry near the 52-wk low at 4.88ish area.

TECHNICALS OF THE TRADE

Technically, $NIKL bottomed at 4.88ish area in which it is the 52-wk low of $NIKL. Thus, the stock recently reached 6.01ish area and retesting at 6 area onwards. After breaking the resistance at the 5.65ish, NIKL volume surges along with its RSI. On the other hand, NIKL could retest in the next few weeks as the trendline will serve as resistance in the next few weeks. NIKL is showing strength in terms of volume as it continues to retest after trying to break out the trendline area. It came from a 52-wk low of 4.88ish before retesting and breaking the 5.65ish  resistance. There could be a retest in the next few weeks in NIKL whether a breakout or breakdown or consolidation. Technically speaking, the next resistance of NIKL is the 6.15 onwards to break the trendline. Furthermore, NIKL will retest whether it will surge more or be back at the bearish side or will consolidate in the next few weeks.

@smljoju was confident that this stock would retest its support and resistance. He also charted that RRHI will go up as he indicated in his TA the supports, resistances,trendline, Volume, and the RSI. He charted a good entry near the support and possible resistance. He is also observing the movement of NIKL. Further to that, he is planning his trades carefully. 

FUNDAMENTAL CATALYST

Nickel Asia is a mining company that focuses on the mining of nickel – owning and operating a total of 4 mines. As such, the stock is heavily affected by how nickel moves in the global market. After precious metals, including nickel, rallied in the commodities market, NIKL followed suit and broke out of its 20-day moving average. Furthermore, NIKL is considered to be part of the company that were bound for growth and revival of the economy. As this stock is focused on nickel mining (importing and exporting). It’s Earnings per shares (EPS) is around 0.53 as of 1Q 2022.

WHAT SHOULD BE MY NEXT MOVE

As the stock is consolidating and bound for a retest in the next few weeks, it would be wiser to observe and wait for what $NIKL might do next before jumping in. This stock is wise for growth pick  since the mining industry could be a backbone to revive the economy as per the government of the Philippines. The demand from consumers globally is continually growing. However, it’s best to wait for a consolidation, pullback, or a good entry near its support for a better risk-to-reward ratio. It would also be advisable to trade lightly and in tranches given that we’re not yet out of the woods.

Once again, KUDOS to @smljoju for being this week’s featured trader! Enjoy your 14-day InvestaPrime Access and continue to be an inspiration to the trading community.


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Featured Trader of the Week: @CharlesRN

Congratulations to @CharlesRN for being the featured trader of the week! 

Sami Abusad once stated “Are you willing to lose money on a trade? If not, then don’t take it. You can only win if you’re not afraid to lose. And you can only do that if you truly accept the risks in front of you.” In the case of @CharlesRN, he believes that in the long-term value of his picks, and patience played a vital role for his trades.

@CharlesRN has been sharing his thoughts consistently in the Investa community. @CharlesRN has been a member of the Investagrams community since Sep 2017 and has been very active recently. 

A couple of weeks ago, our featured trader posted his technical analysis on $RRHI, a hot stock in the local market. $RRHI recently broke its resistance at the 50-51 area.

As the stock recently reached a 52-wk low last June 24. @CharlesRN charted its support, volume,  resistance,  MA, and RSI on the chart, bound for a breakout in its trendline as he believes in its technical analysis. @CharlesRN felt an opportunity to have a good entry near the support and HOLD for a while.

TECHNICALS OF THE TRADE

Technically, the $RRHI broke its trendline at 50-51 area. Thus, the stock recently reached 57ish area and retesting at support in 53ish area. After breaking out at the 50-51 level, RRHI’s volume surges along with its RSI. On the other hand, others are falling and consolidating. RRHI is showing strength in terms of volume as it continues to retest after breaking out the trendline area. It came from a 52-wk low of 45.95ish before surging and breaking the 50-51 trendline area and resistance. There could be a retest in the next few weeks in RRHI for this stock to retest its resistance and support. Technically speaking next resistance of RRHI  is the 58 levels onwards. Furthermore, RRHI will retest whether it will surge more or be back at the bearish side.

@CharlesRN was confident that this stock would retest its support and resistance. He also charted that RRHI will go up as he indicated in his TA the supports, resistances, MA, Volume, and the RSI. He charted a good entry near the support and possible resistance. He is also observing the movement of RRHI. Further to that, he is planning his trades carefully. 

FUNDAMENTAL CATALYST

RRHI takes the spotlight in the local stock market, and recently broke its downtrend line at 50-51 area. Robinsons Retail Holdings Incorporated is a retailing company engaged in supermarkets, department stores, convenience stores, drug stores, appliances and electronics, beauty, mass merchandise, and e-commerce. RRHI are founded and led by the Gokongwei Group. A prominent family and billionaires engaged in almost all of the industries in the Philippines and Internationally. Furthermore, $RRHI has been a trend recently, and the volume from the locals and foreigners is increasing. In addition, $RRHI recently has a buy-back program. It is still unknown whether $RRHI will rise further or fall back down. Thus, it is best to observe $RRHI and plan a good entry. In addition, the Philippine Economy is expected to keep on growing moving forward as the Philippine Government has announced there will be no more lockdowns.

WHAT SHOULD BE MY NEXT MOVE

As the stock recently breakout from the 50-51ish area, it would be wiser to observe and wait for what $RRHI might do next before jumping in. This stock is wise for long-term holding since the services industry could be a top industry pick. The demand from consumers is continually growing. However, it’s best to wait for a consolidation, pullback, or a good entry near its support for a better risk-to-reward ratio. It would also be advisable to trade lightly and in tranches given that we’re not yet out of the woods.

Once again, KUDOS to @CharlesRN for being this week’s featured trader!

To show our appreciation, you will be given a 14-day InvestaPrime Access which will be granted to you by the end of the month and you will be advised by our Customer Service Team once it’s ready in your account. We hope this inspires you to continue to be an inspiration to the trading community!


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Featured

Featured Trader of the Week: @blitzkrieg08

Let’s give a round of applause to @blitzkrieg08 for being this week’s Featured Trader! 

@blitzkrieg08 has been a member of the Investagrams community since July 2018 and has been active recently. He is always sharing his thoughts and his trades.

A week ago, our featured trader posted his technical analysis on $FCG, a hot stock in the local market. $FCG recently breakout at the 0.6 level and is now at 0.65ish!

As the stock is on an uptrend, @blitzkrieg08 charted its support, resistance,  MA, Ichimoku Cloud, and RSI on the chart, bound for a breakout or breakdown. @blitzkrieg08 felt an opportunity to have a good entry near the support and sell around the resistance.

TECHNICALS OF THE TRADE

Technically speaking, $FCG recently broke its minor resistance at the 0.6 level and is bound for a consolidation, breakout, or breakdown. After breaking out at the 0.6 ish, FCG’s volume surges along with its RSI. While others are falling, $FCG is showing strength in terms of volume as it continues to consolidate after breaking out at 0.6ish. It came from a breakout at the 0.6 area before surging and trying to break the 0.67ish area onwards. There could be a retest in the next few weeks as FCG and PSE stocks are affected due to global events. Technically speaking next resistance FCG could face is the 0.7 level onwards. Furthermore, FCG will retest whether it will surge more or will be back being more bearish.

@blitzkrieg08 was confident that prices would go up as he indicated in his chart the supports, resistances, MA, Ichimoku Cloud, and the RSI. He charted a good entry near the support and possible resistance to overcome. 

FUNDAMENTAL CATALYST

Figaro Coffee Group, Inc. is the listed food sector of the LIU family of Cirtek Holdings. The company’s products are Figaro Coffee, Angel’s Pizza, Cafe Portofino, and Tien Ma’s. Furthermore, $FCG has been consolidating, and the volume from the locals is increasing. In addition, $FCG was recently IPOed on January 24, 2022. It is still unknown whether $FCG will push further or be back on track on the bearish side. In addition, FCG’s book value as of 3Q 2021 is at 0.33 per share. Thus, it is best to observe $FCG before entering since it was listed recently, and the growth could be affected due to global events and inflation. Further to that, it is best to consider the market sentiment. In addition, consider the technical indicators and the financial statements as they are vital parts of the stock.

WHAT SHOULD BE MY NEXT MOVE

As the stock recently breakout from the 0.6ish area, it would be wiser to observe and wait for what $FCG might do next before riding in. It is still unsure whether $FCG will continue to surge, so it’s best to wait for a consolidation, pullback, or a good entry near its support for a better risk-to-reward trade. In addition, it is best to have alternative stock picks that are more profitable and good to trade alternatives like bottom picking stocks or stocks that could surge due to global demand or sectors that could be more profitable.  Furthermore, it would be advisable to trade lightly and in tranches.

Once again, KUDOS to @blitzkrieg08 for being this week’s featured trader! Enjoy your 14-day InvestaPrime Access and continue to be an inspiration to the trading community.


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