Contents:
- Introduction
- Hybrid 10-Step Trading Strategy Review
- Final Trade Recommendation
- Next Steps
Introduction
Semirara Mining and Power Corporation (SCC) continues to exhibit strong price action while consolidating near a key resistance level. As of January 31, 2025, SCC closed at 34.60, showing a minor decline of -0.86% for the month. The stock traded within a range of 33.90 to 36.50, reflecting buyer and seller activity near a breakout zone.
The price is above both the 20-MA (32.23) and the 200-MA (23.60), suggesting long-term bullish strength despite short-term fluctuations.
Trade Details:
- Stock: Semirara Mining and Power Corporation (SCC)
- Exchange: PSE
- Timeframe: Monthly
- Date: January 31, 2025
- Closing Price: 34.60
- High: 36.50
- Low: 33.90
- 20-MA (Short-Term Trend): 32.23
- 200-MA (Long-Term Trend): 23.60
Key Pullback Levels:
- 100% Pullback: 40.00 (Major resistance level)
- 75% Pullback: 38.00 (Short-term breakout zone)
- 50% Pullback: 35.00 (Current mid-range level)
- 0% Pullback: 32.00 (Key support near 20-MA)
This stock price review follows our Hybrid 10-Step Trading Strategy to ensure a structured and comprehensive assessment.
Semirara Mining and Power Corporation (SCC) Monthly Chart as of January 31, 2025
Hybrid 10-Step Trading Strategy Review
Step 1: Identify Market State & Trend Context
- SCC remains in an uptrend, trading above both the 20-MA and 200-MA.
- January’s price action suggests a breakout attempt, but resistance near 36.50 caused a pullback.
- If price holds above 32.00, the bullish trend remains intact.
✅ Market State: Uptrend with resistance ahead.
🛑 Decision: HOLD – Monitor for a breakout above 36.50.
Step 2: Price Position & Retracement Zones
- Positive Position: Price is above both moving averages, favoring long trades.
- Retracement Zone: 32.00 - 34.00 acts as a strong support range for re-entry.
✅ Favorable for long-term holding, but resistance remains.
🛑 Decision: HOLD – Avoid new buys until confirmation above 36.50.
Step 3: Power Bars, Breakout Signals & Volume Confirmation
- January’s candle suggests indecision, with an upper rejection at 36.50.
- Volume remains high (36.37M), signaling continued market interest.
✅ Buying pressure remains, but resistance is limiting momentum.
🛑 Decision: WAIT – Need strong volume above 36.50 for confirmation.
Step 4: Entry Confirmation Based on Technical Signals
- BUY trade executed at 36.20 (100 shares on January 31), followed by a SELL at 36.10, and a re-entry at 36.20.
- Trade was executed near resistance, making it a high-risk entry.
🛑 Decision: WAIT – No additional entries until a breakout is confirmed.
Step 5: Stop-Loss Positioning & Risk Management
- Stop-loss should be placed below 32.00 to manage downside risk.
- Risk remains manageable as long as price stays above 34.00.
✅ Defined risk, manageable position.
🛑 Decision: HOLD – Monitor stop-loss levels carefully.
Step 6: Color Change Signals for Additional Confirmation
- No significant bullish confirmation yet.
🛑 Decision: WAIT – Look for stronger momentum in February.
Step 7: Profit-Taking Strategies with Tactical Exits
- If price moves above 38.00 - 40.00, consider partial exits.
- Dividends also provide an additional incentive to hold.
✅ Holding is justified for long-term investors.
🛑 Decision: HOLD – No immediate need to exit.
Step 8: Potential Re-Entry Zones
- Best re-entry zone is near 34.00 if price stabilizes.
✅ Consider adding on dips above 34.00.
🛑 Decision: WAIT – No new entries unless stability is confirmed.
Step 9: Tactical Position Adjustments
- Trade executed at 36.20 was near resistance, requiring careful risk management.
- Adding to positions should be considered only if price moves above 36.50.
🛑 Decision: HOLD – Monitor trend before adjusting.
Step 10: Counter-Trend Trading Considerations
- No counter-trend trade is necessary, as the stock remains in an uptrend.
🛑 Decision: HOLD – No counter-trend action required.
Final Trade Recommendation
✅ Final Trade Recommendation: HOLD
✅ Recommendation: Maintain the position at 36.20, but avoid additional buys unless price breaks above 36.50.
✅ Risk Management: Stop-loss below 32.00 to manage downside risk.
✅ Profit-Taking Strategy: Target 38.00 - 40.00 for gradual exits upon breakout.
✅ Position Size Strategy: Hold the current position and consider adding if price stabilizes above 34.00 with volume confirmation.
Next Steps
🔹 Short-term traders → Wait for a breakout above 36.50 before adding positions.
🔹 Long-term investors → Hold positions for dividends and trend continuation.
🔹 Existing holders → Watch the 34.00 level for support confirmation.
🚨 Final Thought: SCC remains in an uptrend, but a confirmed breakout above 36.50 is needed for further upside. 🚨
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.
Related Readings
- Micro Stock Trader: Comparing the Modified 10-Step Trading Strategy vs. Retracement Trading Strategy
- Micro Stock Trader Portfolio Tracker Page
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