$FNI na ata ang stock na pinakamaraming nilabas na iba’t ibang uri ng analysis ngunit lagapak parin.
3. Fibo retracements
4. conventional channel support
5. Historical support
6. Traditional patterns
7. Candles and shit
8. All indicators kesyo STS, MACD nasa ilalim nag cross, RSI oversold or what.
9. Magic Rumors
10. Insider shit
Yet lagapak parin. What lessons do we learn here?
First of all, (in the short-term) it is the interaction of supply and demand that moves a stock.. kahit ano pang insider shit, fundamental magic ng isang stock… IF THAT DOES NOT REFLECT IN THE MARKET… then the market clearly does not agree or SEE your proposition yet.
Also.. kahit ano pang technicals at Funda nyan, eh bound to be disrupted dahil may Follow-on Offer. (which is dictated by the Investment Bankers, the owners, and how the market reacts to the offer)
(Why is the price going down despite previous rumors of 3-4+ FOO?)
Simple, you already have clues. If the DEMAND for the FOO is strong then market price should be rising now, institutions would just buy at the market if the current price is lower vs the FOO.
If institutional demand for this stock was strong then they would’ve been able to FOO this 7-15% discount when it was doing 3.30? 3.00? 2.80? lol.
Also, the fact na-delayed, and na paliit ang size ng FOO gives you a big clue that demand on the stock is withering or weak. Obviously if there’s strong demand, investment bankers would do what they can to cater to it ASAP.
Lastly, kahit gaano ka pa ka galing, mag TA, mag Funda.. you have to protect yourself from the downside. Problem with most investors and traders is they seem to like RIDING the downside all the way to the BOTTOM. (harsh truth)
Always put into plan what you’re gonna do if in case your trade goes wrong.
It just pisses me that some people are so dependent, and gullible Yes rumors , tips, fundamentals CAN help you given the right circumstances, but that doesn’t mean you won’t be implying a risk-control parameter (in case your trade goes wrong)
Sobrang dami kong nakilalang nasalanta dito, lahat umaasa sa storya.. tsk tsk.. pity. I hope this will trigger you guys to work on your strategies and investing philosophies.
As for $FNI, yup end of day earnings will still prop the stock–so at some point magiging pwede yan (specially if FOO is cleared). Unfortunately those who had this at 2.50++ lost a lot of opportunity already. (time wise / vs other stocks) ok lang kung LONG TERM investor ka.. problem is there seems to be lots of long term investors who are troubled with their high prices. (know yourself, know your strategy, know your risk)