New Positions

With the PSEi currently ranging, a bombardment of negative news can severely damaged a stock. Sold all of my $LR shares today. Bought this during its sleeping phase (3.80 - 5.00). I had my initial sell when it broke 6.85/sh easily yesterday. Went all out when it broke one of its major support (6.40/sh). Let's see if this stock will hold 5.80 - 6.00 range. If it does, then i might consider buying again. if it doesn't then hello 5.00 - 5.50

New Average Costs & Positions:

$CEI

Noticed a very huge pad bid (60 millions php) at 0.2800 level. Apparently it was a cross trade from Kings Power to Belson Sec. Currently forming a flag pattern and i bought my initial position today. I will add on this one if it breaks above 0.3000. Speculation wise, i'm still betting Dennis Uy will buy into this company.

$ATN

Added volume to my current position (Buying Power from disposed LR shares). Currently consolidating at 0.60 - 0.65 level. My cutloss is still in place at 0.59 close. Key breakout level / Volume up level is still a break above 0.72

$IRC

After days of waiting this stock finally closed above 1.05. Just like LR, this stock is full of head fakes so i'm being cautious on increasing my volume on this one. However, RSI just broke above 70 which signals an uptrend. Will add more if it breaks 1.20 & 1.40. Cut loss for the days ahead will be a close below 1.05

$ION

Biggest volume in my port. Another flag pattern just like CEI, Will spend my remaining buying power if it breaks above 2.65. Key levels to watch: 2.80, 3.00, 3.20