In Retrospect : PX, LCB, TBGI

PX

Affected by the global sell off, PX went to as low as 3.85. Price may move further down or sidewards for the coming week. Immediate support level is at P4 level, which is also the 65 day moving overage. A move below the P4 support may indicate that the sell off is not yet finished. Next support level is at 3.90.

LCB

This stock went up for another day before encountering a resistance at 0.42, a day before the sell off. But LCB has had better luck than the other stocks during the sell off as the price did not plunge very deep. As of current, the stock seems to be undecided and has currently formed a neutral ground at 0.35. Next support is at 0.32. Price may still move down or sideward for the week. This stock still has the potential to move up, just watch the volume.

TBGI

This stock started a sell off earlier than the global sell off. The volume on the first trading day of the week was big, which suggests that there was an almost equivalent change of hands for this stock. There were more traders who bought downward than those who bought on the up move. Volume on the succeeding days were very little compared to the first day, which also suggests that there were a lot of traders still stuck due to the global sell off. Currently the 2.30 level, which is also the 130 day moving average provides support for this stock. As long as the 2.30 support level holds, there is still a bigger chance for this stock to move up. Although a couple of sell offs might happen as it moves up as other traders who got stuck might want to get out.