Micro Stock Trader: Stock Price Review: Monde Nissin Corporation (MONDE) Daily Chart as of February 17, 2025 – Buy or Sell Decision Using the Hybrid 10-Step Strategy

Tuesday, February 18, 2025

Stock Price Review: Monde Nissin Corporation (MONDE) Daily Chart as of February 17, 2025 – Buy or Sell Decision Using the Hybrid 10-Step Strategy

I. Introduction

Monde Nissin Corporation (MONDE) is a major food and beverage player in the Philippine stock market. As of February 17, 2025, MONDE has shown a recovery attempt after its bearish power move from 9.95 to 6.65. The stock has now retraced to a pullback level of 57%, positioning it near the power move sweet spot of 8.47 - 9.13.

This review will apply the Hybrid 10-Step Trading Strategy 3.0 to determine whether MONDE presents a buy, sell, or hold opportunity.

Trade Details

Date: February 17, 2025
Stock: Monde Nissin Corporation (MONDE)
Exchange: Philippine Stock Exchange (PSE)
Timeframe: Daily
Closing Price: 8.15
High: 8.20
Low: 7.92
20-MA (Short-Term Trend): 7.36
200-MA (Long-Term Trend): 9.57

Pullback Under Consideration

Start of Power Move Date: November 20, 2024
Start of Power Move (100% Pullback): 9.95
End of Power Move Date: January 31, 2025
End of Power Move (0% Pullback): 6.65
Power Move Trend: Bearish
Power Move Sweet Spot: 8.47 - 9.13
Market Price To Date: 8.52
Pullback Level To Date: 57%

Volume Analysis (as of February 17, 2025)

Closing Volume: 7.56M
30-day Volume Average: 9.47M
65-day Volume Average: 6.94M
Target Breakout Volume (65-day x 1.5 volume average): 10.41M

While MONDE has entered a technical retracement zone, volume has not yet fully confirmed a bullish breakout. Let’s proceed with the Hybrid 10-Step Strategy analysis.

MONDE stock daily chart with technical indicators as of February 17, 2025

MONDE stock monthly chart with technical indicators as of February 17, 2025

MONDE Daily and Monthly Stock Charts as of February 17, 2025

II. Hybrid 10-Step Trading Strategy Review

Step 1: Identify Market State & Trend Context

Daily Chart:
- MONDE is still in a long-term downtrend, as it trades below the 200-day MA (9.57).
- However, it has reclaimed the 20-day MA (7.36), indicating short-term bullish momentum.
Monthly Chart:
- The stock has bounced from the recent low (6.65) but remains below the 20-MA (9.14).
- This suggests that long-term recovery is uncertain, and further confirmation is needed.

➡ Verdict: Wait (Short-term bullish, but long-term trend is still down).

Step 2: Price Position & Retracement Zones

MONDE is in the 57% pullback zone, right above the sweet spot (8.47 - 9.13).
A break above 9.13 would confirm a bullish continuation.
A rejection below 8.47 would indicate a failed recovery and a possible retest of 7.50 or lower.

➡ Verdict: Watch for Breakout Above 9.13 (Key Decision Zone).

Step 3: Power Bars, Breakout Signals & Volume Confirmation

MONDE has printed multiple green candles, but breakout volume is missing (current volume = 7.56M vs. target breakout volume = 10.41M).
The stock needs a surge in volume above 10.41M to confirm a breakout.

➡ Verdict: Wait (Volume is below breakout threshold).

Step 4: Entry Confirmation Based on Technical Signals

An ideal buy entry would be on a break above 9.13 with strong volume.
Current resistance levels:
- Short-term: 8.47 - 9.13
- Mid-term: 9.57 (200-MA)

➡ Verdict: Wait (Buy on breakout above 9.13 with strong volume).

Step 5: Stop-Loss Positioning & Risk Management

If entering long, stop-loss should be placed below 7.50 to protect against downside risk.
A drop below 6.65 would indicate further downside pressure.

➡ Verdict: Buy only with risk management (Stop-loss at 7.50).

Step 6: Color Change Signals for Additional Confirmation

MONDE has shown consistent green candles, signaling bullish momentum.
However, it needs to sustain this trend above key resistance levels.

➡ Verdict: Wait (Needs sustained strength above 9.13).

Step 7: Profit-Taking Strategies with Tactical Exits

Profit targets:
- Short-term: 9.13
- Mid-term: 9.57
- Long-term: 10.50

➡ Verdict: Hold with profit-taking at key resistance zones.

Step 8: Potential Re-Entry Zones

Buy on retracement near 8.00 if support holds.
Breakout entry at 9.13 for momentum continuation.

➡ Verdict: Watch for re-entry on retracement or confirmed breakout.

Step 9: Tactical Position Adjustments

Core Position: Entry should be considered above 9.13 with volume confirmation.
Tactical Entry: A smaller position may be taken near 8.15, but only if support holds.

➡ Verdict: Small position possible near 8.15, full position upon breakout.

Step 10: Counter-Trend Trading Considerations

Counter-trend trades are not recommended unless the stock retests 7.00 with a bullish reversal pattern.

➡ Verdict: Avoid Counter-Trend Trading.

III. Final Stock Recommendation

Final Trade Recommendation: HOLD/WAIT

✅ Recommendation: Wait for a breakout above 9.13 before entering.

✅ Risk Management: Stop-loss below 7.50 to minimize downside risk.

✅ Profit-Taking Strategy: Target prices at 9.13 (short-term), 9.57 (mid-term), and 10.50 (long-term).

✅ Position Size Strategy: Start small near 8.15 if support holds, increase size upon breakout confirmation.

IV. Next Steps

🔹 Short-term traders: Avoid entering until MONDE clears 9.13 with strong volume.

🔹 Long-term investors: Monitor for stability above 8.15 before considering accumulation.

🔹 Existing holders: Consider reducing exposure if price fails to break 9.13.

🚨 Final Thought: MONDE is in a potential reversal phase but needs confirmation above 9.13. A breakout with volume is required for a buy signal. 🚨

Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.

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