Friday, March 23, 2007

PSE: OPM - Oriental Petroleum & Minerals A

I have been holding this stock since early Feb before the sell of even occured. Activity of this stock ceased when Feb 28 took it's toll on the market. But lately it seems OPM is having some positive movement once more.

Take a look at the chart. Comments are welcome.

Breakout: 0.015
Triangle Target: 0.020
Cup Target: 0.026


Saturday, March 17, 2007

PSE:OM - Omico

GO OMICO!

I earned a good sum of money here on it's recent breakout from 0.013, and now it seems that OM is compressing to yet another symmetrical traingle.

If i am reading this correctly.

Breakout Point: 0.020-0.021
Target Price: 0.027-0.028

There is a steady decrease in volume, so there might be a breakout soon for this stock. Watchout guys!




PSE:WEB - PhilWeb

Time to look for great deals and possible breakouts again. Then i came across WEB.

It seems to be that after the FEB 28 global stock market fallout that it has started to form a very sexy symmetrical triangle.

Breakout is at 0.05 with a target price of 0.071. Though MACD doesn't really agree that much, decreasing volume and RSI does confirm the pattern.

Fellow Technical Analysts. Comments are very welcome.