Contents:
- Introduction
- Hybrid 10-Step Trading Strategy Review
- Final Trade Recommendation
- Next Steps
Introduction
MacroAsia Corporation (MAC) has been experiencing renewed volatility, with price fluctuations reflecting investor sentiment. As of January 31, 2025, MAC closed at 5.17, down -4.96% for the month, after reaching a high of 6.10. Price is now sitting above the 20-MA (4.68), indicating continued support, but the rejection from higher levels suggests a potential slowdown in momentum.
Trade Details:
- Stock: MacroAsia Corporation (MAC)
- Exchange: PSE
- Timeframe: Monthly
- Date: January 31, 2025
- Closing Price: 5.17
- High: 6.10
- Low: 5.05
- 20-MA (Short-Term Trend): 4.68
- 200-MA (Long-Term Trend): Not available
Key Pullback Levels:
- 100% Pullback: 7.50 (Strong resistance)
- 75% Pullback: 6.50 (Short-term resistance)
- 50% Pullback: 5.50 (Recent rejection area)
- 0% Pullback: 4.50 (Major support near the 20-MA)
This stock price review follows our Hybrid 10-Step Trading Strategy to ensure a structured and comprehensive assessment.
MacroAsia Corporation (MAC) Monthly Chart as of January 31, 2025
Hybrid 10-Step Trading Strategy Review
Step 1: Identify Market State & Trend Context
- The long-term trend is shifting from bearish to neutral, as price remains above the 20-MA (4.68).
- The stock faced strong rejection at 6.10, indicating sellers are active near higher resistance levels.
- If price holds above 5.00, the uptrend can resume toward 6.50.
✅ Market State: Uptrend with a pullback.
🛑 Decision: HOLD – Monitor if 5.00 support holds before adding more.
Step 2: Price Position & Retracement Zones
- Positive Position: Price remains above the 20-MA, suggesting a potential continuation of the uptrend.
- Retracement Zone: 5.00 - 5.50 is a critical level where support must hold for the uptrend to continue.
✅ Favorable for holding, but needs confirmation.
🛑 Decision: HOLD – Avoid new buys until confirmation above 5.50.
Step 3: Power Bars, Breakout Signals & Volume Confirmation
- January closed with a red candle, showing a pullback after a strong rally in previous months.
- Volume is high (25.99M), indicating continued investor interest despite selling pressure.
✅ Buyers are present, but momentum has slowed.
🛑 Decision: WAIT – Need strong volume above 5.50 for a breakout.
Step 4: Entry Confirmation Based on Technical Signals
- BUY trade executed at 5.58 (400 shares on January 27) was placed within the 50% retracement zone.
- A move above 5.50 would confirm a continuation of the uptrend.
🛑 Decision: WAIT – No additional entries until confirmation.
Step 5: Stop-Loss Positioning & Risk Management
- Stop-loss should be placed below 4.90 to protect against downside risk.
- Risk remains controlled as long as price holds above 5.00.
✅ Defined risk, manageable position.
🛑 Decision: HOLD – Stop-loss placement remains unchanged.
Step 6: Color Change Signals for Additional Confirmation
- January’s red candle suggests that buyers lost momentum.
🛑 Decision: WAIT – Observe price action in early February.
Step 7: Profit-Taking Strategies with Tactical Exits
- Target 6.50 - 7.50 for partial exits if the uptrend resumes.
- Holding remains valid as long as price stays above 5.00.
✅ Holding remains a valid strategy.
🛑 Decision: HOLD – No immediate need to exit.
Step 8: Potential Re-Entry Zones
- Best re-entry zone is near 5.00 if support holds.
✅ Consider adding on dips above 5.00.
🛑 Decision: WAIT – No new entries unless price stabilizes.
Step 9: Tactical Position Adjustments
- BUY trade at 5.58 was executed near key levels, but confirmation is still needed.
- If price moves above 5.50, adding to the position can be considered.
🛑 Decision: HOLD – Monitor trend before adding.
Step 10: Counter-Trend Trading Considerations
- No counter-trend trade needed 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 5.58, but avoid adding aggressively until a confirmed breakout above 5.50.
✅ Risk Management: Stop-loss below 4.90 to protect against downside risk.
✅ Profit-Taking Strategy: Target 6.50 - 7.50 for gradual exits upon breakout.
✅ Position Size Strategy: Hold the current position and consider adding if price stabilizes above 5.00 with volume confirmation.
Next Steps
🔹 Short-term traders → Wait for a breakout above 5.50 before adding positions.
🔹 Long-term investors → Hold positions for dividends and trend continuation.
🔹 Existing holders → Watch the 5.00 level for support confirmation.
🚨 Final Thought: MAC is in an uptrend but faced resistance at 6.10. A breakout above 5.50 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
