EDC Bought on 8/23 @ 4.88

Lots of stocks to pick from today, I didn't even know where to start.  Last night, I was looking into AP, a #2 on DS' pick of the week. AP's prices are currently below its EMA as it had a huge drop last 8/11.  Despite its current down trend, DS says its fundamentals are strong.  I hesitated to buy this morning because of a gap up on the opening prices. 

So I was scouring through the latest update on Tsupitero.com and I've decided to take on a blue chip stock this time.  EDC was on a buy on the dips.  However, at a previous close @4.89, resistance is already near @5.05 (support: 4.8).

At open, prices were playing at the 4.9 region and so I posted my bid @4.88 thinking there would only be a small dip.  I should've realized that the stock was still on the overbought region and it would consolidate soon.  As it turns out, I was too early to buy as the stock went to a low today closing @ 4.71.

chart from pse.com.ph

Note to self:
Never to be in a hurry in buying stocks at the open, especially when I have not studied it well.  I could have bought at a lower rate, probably 4.79 based on the previous drops EDC made (.11 drop last 8/19).  Besides, prices were already too high and away from the EMA.

As of 8/23:
close: 4.71
EMA: 4.71
RSI: 53.27
up:gucci handbags
I hope Tsupitero is right on this stock going to an up trend after this correction.  DS on the other hand is waiting to buy at 4.3.  3% cut loss level is at 4.73... hmmm, most likely I'll be holding this stock for long.

DGTL Bought on 8/2 @ 1.44

chart from PSE.com.ph

On the end of July, Tsupitero.com recommended DGTL if there would be a breakout, but warned against a breakdown.  Thinking this was a definite buy signal, I posted my order and got my shares @ 1.44 .  I bought too early, thinking that it would eventually pick up.  Eventually, the stock broke down the next day crossing the 1.42 support as low as 1.39.

It tried to find its way up again reaching as high as 1.48, but the huge drop in DOW on 8/12 made it go back to start.  It continues to swing sideways, still in a down trend.  My break even is at 1.46 and I hope it could go up soon.

Despite the dismaying performance so far, fundamental analysts has expressed interest on DGTL for the long term.  This was based on the recent earnings of the company; thus, stock prices have a chance to go up, albeit slowly, in the long term.  DS of Finance Manila even gives it a Target Price of 2.up:gucci handbags

As of 8/17
close:  1.41
EMA: 1.43
RSI: 42.24