Category: News & Features

Since the Philippine market has been lagging compared to various financial markets across the globe, it is a limiting belief that the local market is enough to amass the limitless opportunities in the markets. The global markets offer several asset classes along with the ability to short, leverage, and margin as part of your trading arsenal.

For our featured trader for the week, we will be showing you how he was able to spot Advanced Micro Devices, Inc. or $NASDAQ:AMD. Green DOT a.k.a. @greendot is an active member of the Investa Community who continuously spreads his knowledge, insights, and expertise in both the local and the global markets. 

Technical-wise, $NASDAQ:AMD price structure represents a picture-perfect trade setup. It first formed a cup and handle formation. The handle of the said pattern is indeed long, yet it is ideal for a stock or any asset class to form a proper base to further amplify its probability for a strong and massive breakout. 

It was a low-risk, high-reward trade, as accumulation levels could be at around the $50 area and a quick cut below $48 (-4%). It had an opportunity to tranche at the breakout of the $60 area with a quick cut below the breakout candle (-5%). Furthermore, it also presented another opportunity for a breakout in case you missed the previous move at the $88 area with a quick cut below the breakout candle as well (-4%). Selling into strength (selling on the way up/while it is easy) and into weakness (the breakdown of a, for example, a pre-determined Moving Average) is fitting since this is an All-Time High stock. 

The base at the handle area was supported with dried-up volume. When it managed to breakout of the said base, the up move was supported with massive volume. During its formation of the Ascending Triangle pattern, the formation was also accompanied by dried-up volume, and once it broke out of the said pattern, the up move was also backed with immense volume. $NASDAQ:AMD must at least sustain the $80 levels to further assert its ascendancy. 

The ability to spot resilient stocks despite the noise concerning various opinions regarding the future of the US Stock Market is the key to truly function as an independent operator. The bottom-up approach is the way to lead you to potential market leaders despite the performance of the overall indices. That is an approach that is hard to stomach in but is essential to your growth as a trader. 

Congratulations to those who were able to maximize the monstrous move of $NASDAQ:AMD. Lastly, kudos again to Green DOT a.k.a. @greendot for sharing his execution. Your FREE 1-Month InvestaPRO access is on its way!

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It is common for an aspiring market participant to wonder about which market they should commit themselves to. Many may argue and accord several propositions concerning the subject matter. The majority of which would tell you to start with the local market. On the other hand, there are a minority of individuals who would advise you to start with the Global Markets, whether it is the US Stock Market, Forex, Commodities, or Cryptocurrency. 

Trading the financial markets, as described by Mark Douglas, is an activity where an individual is exposed to an endless stream of opportunities. In hindsight, the financial markets do not sleep, given that there are a multitude of stock markets across the globe, operating in different time zones, and the forex and commodities market that operate almost 24/5, and the cryptocurrency market that functions 24/7. 

There are trading opportunities every day, even if you would only trade the $PSEi. As of this writing, the local market operates for three and a half hours. Although, it is a limiting belief that trading merely one market is enough to fully amass the limitless series of opportunities that the whole financial markets are offering. The capability to be able to trade on the short side, along with the option to execute a trade using leverage and margin are aspects that the local market does not have yet (although there are limited brokers in the Philippines who offer margin). 

Some started trading the Global markets without participating in our local market, and vice versa. The most important factor here is to choose an environment that presents more opportunities than the latter. There are cases when a trader performs better in global markets in comparison to the local market, and vice versa. To each their own, as they say. 

It doesn’t matter what market you want to commit to if you have studied and assessed what you are getting into. An aspiring market participant should be aware of the differences across the trading landscape. This is to ensure that the novice trader fully understands the risks involved for every available asset class.  

If you want to learn more about the differences between the Global and Local market, you may check out the Going Global InvestaDaily Article series.

Now is your chance to DOUBLE UP your TRADING! Join the Biggest Trading Competition in the Philippines.

Do not miss the Investa Trading Cup 2020 and have the opportunity to WIN OVER PHP 300,000 IN PRIZES!

Despite the cloudy performance of the local index, there are still names that exhibit resilience. Spotting a potential market leader involves precision and accuracy, and a market participant’s stock selection should be clear and concise.

For our featured trader for the week, we will be showing how he was able to pinpoint Philippine Infradev Holdings Inc. or $IRC to fly. J Hackz a.k.a. @j_hackz is a member of the Investa Community who shares his analysis on several names using classical Technical Analysis.

Based on the price structure of the said stock, $IRC was hovering above its major dynamic support levels in the form of moving averages. While the stock was forming a base, it was accompanied by dried-up volume and was also hovering above RSI (14) 50, which further solidified the creation of the said base.

Despite its issues with liquidity, it was a low-risk, high-reward trade, as accumulation levels could be at around the 0.78-0.8 area and a quick cut below 0.76 (-4% to -5%). It had an opportunity to tranche at the breakout of the recent pivot high at 0.94 area with a quick cut below 0.9 (-4%). Potential take profit areas were around the 1.15-peso area (20%-45%).

The recent breakout of its previous pivot area was also supported with massive volume, which was a good indication of the said move to further continue its advance. $IRC must either break the 1.15-peso levels or at least sustain the 1-peso psychological support level to further supplement its dominance.

It is essential for a market participant to prepare for what’s ahead. A stock like this may shake you out as observed with the wicks present in the price structure. The key is to establish a buyback plan in case you get stopped out of a trade like this. There is a chance that you were just too early in the trade. As Zig Ziglar exclaims, success occurs when opportunity meets preparation.

Congratulations to those who were able to maximize the technical swing of $IRC. Lastly, kudos again to J Hackz a.k.a. @j_hackz for sharing his execution. Your FREE 1-month InvestaPRO access is on its way!

Now is your chance to win over PHP 300,000 in PRIZES and

be hailed as the Champion of the Biggest Trading Competition in the Philippines!

Join the Investagrams’ Trading Cup 2020: Bounce Back Challenge. Competition starts on September 28.