Today's Pricce Signal
Stock: NOW CORPORATION (NOW)
Almost every trader in PSE these past days is eyeing to NOW Corporation and wants to give it a try. But how really expensive is Now Corporation? Let's first take a look at it by fundamental analysis.
This is short video which focuses on thier September 2017 Quarterly Report.
They say - trend is your friend. Now let's take a look at below several facts that makes this stock a favorable one to buy.
First, a cup pattern.
Second, NOW is obviously the top pick for the past weeks.
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Third, NOW attracts foriegn investors. It's currently in 12th spot.
Our technical analysis suggests that the next price stops of NOW would be 9 to 10 Pesos dependeng on how active it will attract traders and investors in the following days - see below chart for reference.
*****
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Stock: NOW CORPORATION (NOW)
Almost every trader in PSE these past days is eyeing to NOW Corporation and wants to give it a try. But how really expensive is Now Corporation? Let's first take a look at it by fundamental analysis.
This is short video which focuses on thier September 2017 Quarterly Report.
They say - trend is your friend. Now let's take a look at below several facts that makes this stock a favorable one to buy.
First, a cup pattern.
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout.
As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. (ref. http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_continuation)
Second, NOW is obviously the top pick for the past weeks.
AD: Watch XM #thegreatest - Featuring Usain Bolt.
Third, NOW attracts foriegn investors. It's currently in 12th spot.
Our technical analysis suggests that the next price stops of NOW would be 9 to 10 Pesos dependeng on how active it will attract traders and investors in the following days - see below chart for reference.
*****
For more free PSE trading signals like, follow and share our facebook page @thetradeproject01. You can also join our fbgroup discussions at The Trade Project Community.
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Watch XM.COM - MT4 Tutorials - How to Open a Trading Account
What you have shared is very inspiring and informative. You’ve definitely got a new fan here! Thank you for sharing. Would love to see more updates from you.
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