Potential short-term top for the $PSEI (may still have juice for gap ups). A rotation to second and/or third liners may take place late January until mid Feb.
Sold most of my positions intraday and EOD but I’m still holding key stocks. Let’s see where the liquidity goes next.
$PSE rejection at the resistance area. Toward the end of the session, investors started slicing their position. Be patient and wait for the support level to hold before entering. 6950 and 6850 short-term support levels.
Chinese stocks have BLASTED off the lows $KWEB
Many have broken out into new Stage 2 uptrends - @nextbigtrade has been all over this.
Here are the ones making my watchlists (although may not be currently buyable for my strategy)
Part 1:
$EH $DADA $MOMO $MLCO
fyi.........Germany has reduced natural gas consumption by 20% between August 2022 and March 2023....Putin hardest hit.
Germany has increased coal usage by 287% since 2915....Greta hardest hit.
The PLDT Group, through its Cyber Security Operations Group (CSOG), has blacklisted 5.5 million domains being used in phishing, spam, and hoax activities as part of its intensified anti-cybercrime efforts.
https://t.co/drnjQwjOW4
@pldt#BilyonaryoTechnology
Market strength continues to build slowly and is broadening out. CPI is behind us, and another lower open was reversed into a strong close. So far, 2023 is performing well. New leadership is emerging, and some old leaders are improving $SHOP $VAL $FSLR