Monthly Archives: November 2014

Shabu Analysis: $AT, $PGOLD, $2GO, $LR, $IRC

Here are some stocks that I have sniffed–sensing some trails of SHABU potential within them.

You may be wondering where the hell I get these stock picks. Sometimes I use my favorite dart set to hit on my wall filled with stock codes. Sometimes I use my proprietary SHABU system to identify plays, I just don’t post my methodology in public because my momma will get mad

All that you will see in SHABU ANALYSIS are merely Price + Volume, some lines, and some ranges in the form of rectangular boxes, because most of the time I’m too high and drunk to look at complicated indicators.


$AT

at nov

11.50-11.70 should hold, otherwise we may see this lower towards a 10-10.50 range. Anyway, might be worth a shot bottom picking as it finds its base. Of course, check out sentiment on variables such as copper price, mining industry as a whole, mining regulations, etc


$PGOLD
Weekly 

pgold weekly nov

 Daily

pgold daily

So far it has held it’s respective support levels. it may be worth accumulating around 33-34 (if it pulls back) otherwise we may have seen the bottom already at 31-32.  May re-visit 38-40. I think retailers have been quite under-appreciated already. Maybe come Dec to Jan we can see some lovin again


$2GO

2go nov

Not much attention on this one, but it is slowly creeping up. We are on a critical range of 2.60-2.80, if it successfully breaks past that range then I see it going 3.00+. I see strong potential on this one. Let’s see. 🙂

Company seems to be on a turnaround mode as it releases Q3 earnings. 

Current YTD vs Previous YTD Net Income is 622m vs 378m. That’s approximately a 65% growth vs the same period last year.

(Stats are in thousands / 000’s)

2go funda


$IRC

irc nov

Little noise. Perfect. I think this will go into a higher range soon. 1.60 then easy 1.70.


Lastly,

$LR

lr nov

My high conviction bet has finally shown its potential.. 12.00 is around the corner. (which is within its all time highs.)

LR has the components of a stock that you hold tight (specially if you were accumulating with us at 8-9+), I have no targets for this one. Maybe 15? Don’t know, am just holding this one.

That’s the advantage of accumulating early.. before the crowd. By the time the story is exposed, everyone is scrimping for shares while we’re just sipping beer chilling with chicks.

Congrats to all my clients and friends, who stood by this stock.


(you may check my last month’s post on $IRC & LR in SHABU analysis HERE)


I like to keep my shit simple, no need to make it fancy.

Note: this aint a reco to buy/sell shit, take these as references, and for entertainment. Act on your own judgement.

Feel free to subscribe if you want to hear more of my thoughts.

Charts are provided by: http://investagrams.com/ 

Sa mga chicks or for those who have queries, questions, suggestions, trashtalks, you may hit me up on my facebook account

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November: Shabu Overdosed Market

Picking up from my last post regarding my strategy for September, I’ve manage to be lucky and correctly call the basura + gaming craze. I’ve iterated countless times on my FB that it’s all about gaming and basura names (because everything else sucked)


At some point I was betting on an index bounce, but I was mistaken. I tried buying into a mainstream name $ALI–here’s what happened:

ALI

I put a bet on ALI, but was stopped out at 33, 32.70, took a hit there, but as usual, it’s part of the game. When I’m wrong, I take my losses immediately. It’s my usual mistake of being careless and impatient after coming from a winning streak.

taeali


After that I re-organized and shifted back to my original game plan which was BASURA + GAMING. It all started again with the leader, $IS.

isboss

Basically the SHABU portfolio, literally went into SHABU mode, focusing mostly on SHABU names: $IS, $UNI, $SFI, $MED

UNICORN

sfihotdog

medbola

Here are some of the screenies I was able to take, I wasn’t able to record much though because I was juggling between trading Basuras and focusing on my Chartered Market Technician (CMT level 1 Exam) review, fortunately I was able to pass. My main focus during those times was to survive, and milk as much money as I could, while not being too preoccupied.

IS lol

oct 30

uni

As for the selling, I’ll keep that to myself 😉 You well know where these stocks went anyway.

Take note though… I do not advocate trading BASURA stocks. Specially for the newbies.
It’s just that the whole INDEX sucked during the month of October. Most blues just sucked. So I didn’t bother.

My system is simple, go with the leaders, go where the money is going, go where “strong trends” are potentially forming.


Basuras went to a temporary climax. As it became a stupid monkey’s game. Anyone and everyone was just cheering, throwing darts, betting blindly, hyping, and what not. Even fundamentally principled traders were betting on basuras. Imagine how the BASURA craze could turn people into drug junkies and hypocrites. (nothing wrong with that, anyone can do anything, but it gave me a big clue that the SHABU phase was about to end, or pause.)

From time to time you’d see me post charts, but please, it does not mean that it is an indication to BUY. I share for entertainment, discussion and for FUN.



Besides basuras, GAMING is indeed that sector that shined the most.

If you’re a trend follower you have all the reason to have exposure in these names. These 3 are the leaders for me. You may add PLC as well, anyway it’ll probably move with these others.

BLOOMERZ

LR

MCP

Notice how all of them are hovering within their 1-2 year highs? Enough said. 

Besides gaming I’d take a second look on retail names $PGOLD, $COSCO, $RRHI, and the upcoming $SSI. Some battered charts kindly look attractive already.

Global markets are at the highs, because of the surprise on Japan’s monetary easing shiznit. My strategy for the coming months is still the same.

GAMING + nibble on some retailers + positioning on undiscovered BASURAs

Also, I’m shifting back on trading FOREX + Global Indices since I see very interesting moves / set ups happening in the global markets. I don’t limit myself to equities, if there are strong trends developing abroad, whether on currencies or indices–i try my best to capitalize on them.


Lastly,

Just a friendly reminder..

Please take responsibility for your own trades, know why you entered a trade.

Do you have a strategy?
What is your strategy?
When do you BUY when do you SELL?

What are your entry & exit levels?
What are your stops?
When will you know that the tide has changed from positive to negative?
When will you know that it is game over?

If you fail to answer these questions and you are playing with BASURA names, then chances are the market will sooner or later eat you up.

It’s so easy to be freaking lucky, trading on tips, rumors, and on the ticker, but if you have no discipline, and no reliable system, it will all get back to you. LUCK WILL only bring you so far. So please, don’t be a dummy… HELP YOURSELF.


This blog aint a reco to buy or sell shit. This blog is mainly my journal meant for sharing, and entertainment purposes. Don’t take everything too seriously. Wag nyo po ako susumbong sa PDEA.

Charts are provided by: http://investagrams.com/ 

Feel free to subscribe if you want to follow what’ll happen to the SHABU PORTFOLIO. 

Sa mga chicks or for those who have queries, questions, suggestions, trashtalks, you may hit me up on my facebook account