CPG - Posted strong earnings performance for the first nine months of 2012, net income grew by 95% to P1.4 billion. Watch out for a price increase and surge in volume, cue that the stock is traded on positive news.
DMC -The Parabolic SAR almost touches yesterday's closing price which may indicate a stop in the downtrend. If price breaks above the indicator, this confirms the price trend reversal.
Parabolic SAR
Developed by Welles Wilder, the Parabolic SAR refers to a price and time
based trading system. Wilder called this the "Parabolic Time/Price
System". SAR stands for "stop and reverse", which is the actual
indicator used in the system. SAR trails price as the trend extends
over time. The indicator is below prices when prices are rising and
above prices when prices are falling. In this regard, the indicator stops and
reverses when the price trend reverses and breaks above or below the indicator. (www.stockcharts.com)
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