{"id":4592,"date":"2021-02-04T21:49:50","date_gmt":"2021-02-04T13:49:50","guid":{"rendered":"https:\/\/www.investagrams.com\/daily\/?p=4592"},"modified":"2021-02-04T21:49:50","modified_gmt":"2021-02-04T13:49:50","slug":"featured-trader-of-the-week-technicalsbybinsoydgreat","status":"publish","type":"post","link":"https:\/\/www.investagrams.com\/daily\/2021\/02\/featured-trader-of-the-week-technicalsbybinsoydgreat\/","title":{"rendered":"Featured Trader of the Week: TechnicalsbyBinsoydgreat"},"content":{"rendered":"

We would like to congratulate our featured trader for this week: TechnicalsbyBinsoydgreat a.k.a @puretechnicalsbybinsoy!<\/a><\/span><\/p>\n

Despite frustrations in current market conditions, Binsoy still remains patient, diligently sharing stock updates in his stock picks: $PSE:BSC, $PSE:PHA, $PSE:APL, $PSE:ACEN, and $PSE:PPC . Unlike many traders in the community who have fallen silent during the market\u2019s trip to Chinatown, Binsoy still continues to share his sentiments and expected scenarios.<\/span><\/p>\n

Binsoy is currently looking at $PSE:MRC, plotting historical support and resistance levels and fibonacci retracement levels, waiting for the perfect time for a re-entry. Binsoy applies the Elliott Wave Theory in his trades. And with $PSE:MRC invalidating the corrective waves, Binsoy changes the game plan and braces for the dip. At present, Binsoy is waiting for a catalyst for MRC and hints at possible consolidation due to decreasing volume.<\/span><\/p>\n

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Binsoy also shared his insights with $PSE:MM after it broke out from the Trendline support and the Darvas box around the 7 peso level down to the 6.6 peso level. Binsoy plotted a key support level around the 6.48 to 6.31 levels, with the price close to hugging the support level. The last candle, which formed an inverted hammer, indicates a possible bounce on the support line. Decreasing volume suggests that the stock is resting from last week\u2019s bullish movement.<\/span><\/p>\n

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ACENatics are covered by Binsoy in his $PSE:ACEN stock update. Binsoy looks at the current pattern as promising, with the Elliott Wave count being obeyed as expected. The bounce on the 5.8 levels after the C wave is very favorable for ACENatics in the community as the price movement, backed with strong volume, shows signs of high demand. A possible Bullish Engulfing pattern can shoot $ACEN up to Binsoy\u2019s resistance 1 at 6.62 or even up to resistance 2 at 7.05 next week should strong demand continue.<\/span><\/p>\n

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Patience to those waiting for re-entry and kudos once more to TechnicalsbyBinsoydgreat a.k.a @puretechnicalsbybinsoy for constantly sharing stock updates and highlighting the available opportunities during these times. And as appreciation to your relentless contribution to our trading community, your 1-Month InvestaPRO is on its way!<\/span><\/p>\n

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<\/div>
<\/div><\/span>","protected":false},"excerpt":{"rendered":"

We would like to congratulate our featured trader for this week: TechnicalsbyBinsoydgreat a.k.a @puretechnicalsbybinsoy! Despite frustrations in current market conditions, Binsoy still remains patient, diligently sharing stock updates in his stock picks: $PSE:BSC, $PSE:PHA, $PSE:APL, $PSE:ACEN, and $PSE:PPC . Unlike many traders in the community who have fallen silent during the market\u2019s trip to Chinatown, […]<\/p>\n","protected":false},"author":3,"featured_media":4598,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[36,34],"tags":[],"class_list":["post-4592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to-advice","category-latest-posts"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/4592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/comments?post=4592"}],"version-history":[{"count":2,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/4592\/revisions"}],"predecessor-version":[{"id":4599,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/4592\/revisions\/4599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media\/4598"}],"wp:attachment":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media?parent=4592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/categories?post=4592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/tags?post=4592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}