The Responsible Trader

STOCK CHARTS AND ANALYSIS –  TFHI

 

In accordance with our Independence Day commitment, following is our Technical Analysis of  TFHI (TOP FRONTIER INVESTMENT HOLDINGS)  as of  Oct. 5,  2015.

 

This is the first of  our THREE for FREE for this week.

 

TA – TRT Way – Straight from the Chart

 

 

POSITIVE

1.   Bounce after hitting 52-week Low. The stock bounced after hitting its 52-week low. It needs to take out P88.17 (38.2% Fibo) to confirm the bounce

2.   Price action above 15 EMA and 20 SMA – Bullish – Short Term. Price action above 15 EMA and 20 SMA shows that the stock is Bullish on the Short Term.

 

NEGATIVE

1.   Most Price action below 200 SMA – Bearish – Long Term. Almost all of the stock’s price action since early part of February 2015 have been below the 200 SMA indicating that the stock is Bearish on the Long Term. It also confirms that the stock is still in Bear territory.

 

2.   Most Price action below 50 SMA – Bearish – Medium Term. Since mid-January 2015, most of the stock’s price action have been below the 50 SMA indicating that the stock is Bearish on the Medium Term.
NOTES:

1.   Positive points are things that could work in your favor. Negative points are things that you have to watch out for.

2.   On the opposite side of Pattern Targets are Pattern Failures. In case you decide to take this trade, always remember to set a stop loss based on your established risk tolerance level.

3.   September is a very significant month for us. It was at the same time this year that we introduced Responsible Trading to mainstream social media.  Starting September 1, 2015, since you are already familiar with our caption “TA – The Responsible Trader’s Way – No Hyping, No Bashing, Just Plain Cold Facts” we are changing this to TA – TRT Way – Straight from the Chart.

 

The Chart and Analysis is presented for educational purposes only and should NEVER BE TAKEN as a RECOMMENDATION to BUY, HOLD, or SELL.

 

Please trade with CAUTION, please trade with CARE. As always, IT’S YOUR TAKE, IT’S YOUR CALL. IT’S YOUR MONEY AFTER ALL.

 

Good luck on all your trades.