Buy and holdA good business may at times be priced wrong. And when it is, that's when you buy.
Learn to put a value on things even if it's just book value over market price per share and when you see there is a discrepancy and a discount and when you believe something will continue to go up over time especially if the fundamentals are solid. Buy
Buy and hold and wait. The boring but good of it.
SPC trade ideas
Turtle spc new week goes bullish Donchian channel breaks up and is now on pull back.
People took profits amidst the breakout.
Momentum is back to the middle line where orders have been accumulating.
Long term play is very good. Dividends steady. Fundamentals hurdling everyday life and grind.
When you look at a business, that which is important is does it serve mankind?
Yes, eclecticity powers Cebu and is one of the key power providers in Philippines.
The Friday range is important. Breakout from the Friday range may lead to possible good entries as we buy and hold.
So check the range this Friday and next week see if it is worth buying the breakout or just holding if it holds and goes lower.
The beauty of stocks is you move the price. So you can trigger a confirmation. But so too can everyone else.
So note the order book.
Spc breaks 50 ema daily 2 x in a rowThere is buying pressure on this fair value at a discount great company.
As electricity will always be in a demand. There is good opportunity in investing in this one in the Long term.
Note I have significant stake in spc which is why I may be biased. So keep that in mind.
However. + revenue + net should keep you glued on it and the consistent dividend it so shares generously.
The beauty of fair value spcRecent financial is net positive and because people are taking profit; we who hold on for dear life can peso cost average.
Thank you. Looks like spc as a company keeps getting better.
Recently having visited Tesla in Bgc I have the suspicion that if more Tesla shows up; more electricity will be of use and because of that; more people will take advantage of spc.
Finally gaining momentum upPeople are seeing a glimpse of this beautiful company who's fundamentals has always been strong and worth atleast 10x the current price. Hence we are very much at a discount for something great.
Rsi is above 50% means people and institutions are buying.
More so will this be important as time passes. We the buy and hold club has more reason not to sell and hold for a long time.
Liquidity has been swept.As spc continues to be stable. And there is continues need for electricity. This is bound to go higher atleast 10X.
The weird movement of money buying trillions of $ of foreign exchange where dollar went up so high. All we can really do is spme people took profit by selling spc.
Now we wait and buy. Hold and buy.