Century Pacific Food Inc. (CNPF) September 2016

CNPF is one of the stocks in the PSE with promising fundamentals. With consistent year-on-year growth, this stock should be included in an investor’s watchlist. (A more detailed FA will be added soon.)

Update September 19, 2016:

Trend is now broken.

  • Possible consolidation between 15.94 to 18.42.
  • 20MA crossed below the 50MA

cnpf-20160919

 

Original Post:

The stock’s medium term trend seems to have hit a peak and we may see this stock consolidate in the coming days or weeks.

  • Trend is breaking due to selling pressure, keeping price below 17.30. Price is about to break the trend line and meet 50MA.
  • RSI – lower low. Waiting for next high to confirm reversal or consolidation.
  • Stoch – choppy
  • ADX/DMI – trading/consolidation

cnpf-20160906

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