$CEB $URC $JGS – Darvas Box (18-Sept-2014)

Another group of stocks leading this bull run. Sorted according to relative strength.

  • CEB featured before its current run to 70.
    • This stock doesn’t have the social media hype yet.
    • COLFinancial has upgraded this to 90/sh.
    • Box setting up nicely below 70.
    • 70 is a tough resistance to break.
    • Volume has been increasing.

2014-09-18 CEB

  • URC
    • Box setup below its all time high at 178.50.
    • Nice solid uptrend.
    • Fund favorite.

2014-09-18 URC

  • JGS
    • box setup below its all time high at 58.50
    • trend is a little choppy.

2014-09-18 JGS


I probed some AAI as I was looking for a strong bounce but looks like I’m dead wrong.. Will just wait it out tomorrow and sell if mali talaga. :( Small shares lang.

I needed to increase cash. Ayaw ko lang kinakain ng interest yun margin ko! Sold SCC at the close, kakapagod ka na. will soon sell PGOLD as it is not moving. booo.

Huge volume in BEL today. hmm. Also noticed perfect shakeout in MA by the master. Congrats to WIN holders!

News came out today that URC net income was down 38%. But why the heck did it make and close to a new high? :) Darvas Box breakout (so far). It will probably dip knowing it’s weird spread personality.


Doubling up BEL yesterday was a good decision afterall. ALthough I was a bit uncomfortable buying it. I’m very happy to stick to my system and did not let emotion rule me. Letting it run for now. BEL closed +8.61%! It was doing 4.88 and was force to close at 4.92 by notorious BA!

Meanwhile, while BEL was running. I immediately monitored LR’s price action. It was weird that it wasn’t moving. The 2 minute chart had a buy on breakout above 9.4. It was idle the whole morning at 9.33-9.34. I just waited it out until someone, I think VALUEQUEST, started buying it up. I know it was a sure thing to close above 9.4. Indeed, it closed 9.58. Great!

LC moved to new high today but closed lower. This proves that 1.80 is a tough resistance to crack. I almost bought but remembered to always buy near the close. Bennett, a known high roller, dumped 65M shares today. Congrats to him! :)

LCB broke 1.95 in its 2-minute chart. Wasn’t able to sustain the momentum and closed 1.88.

PX remains to be the mining laggard. Breaking down of its consolidation, which made me easier to cut my loss. I’m out!

URC hit a buy stop at 50.70. But closed 50.40. Good to see it now back above 50 pesos.

Portfolio moved lucky +1.68%

Transactions today:

Cut loss PX at 21.80

11-29-2011 – PSEi 14.93B value turnover

Screenshots c/o Firstmetrosec.

Today marked one or probably the highest single day volume in PSEi history. Thanks to MSCI rebalancing. I noticed main actor is csuisse and pepi dumping all BPI and MBT to buy URC, ICT and SMC.

As a trend follower myself, I would have done what they are doing. But at this point, I am starting to get confused as the volume registered high which may be a sign of danger. (High volume signals distribution in an uptrend)

PSEi registered 14.93B pesos turnover! around 70% of these were only in URC, BPI, MBT, ICT, SMC.

During pre-close, I was surprised to see the foreigners forced URC, ICT, SMC to close lower. However, the bid side was pretty heavy!  So what’s the real thing? Is this a shakeout or what?

I didn’t monitor MBT and BPI as I didn’t have them in my portfolio.

No trade plans were executed today. ICT stops 56.25 and 55.45 were hit but I didn’t sell as I remember the last time that Daiwa forced issues to close lower, they gapped up the next day.

Portfolio -0.24%.

PSEi -0.40%.

I’ll be in Sagada, Mt. Province til Saturday! I’ll monitor my portfolio on my mobile phone. :)