Contents:
- Introduction
- Hybrid 10-Step Trading Strategy Review
- Final Stock Recommendation
- Next Steps
I. Introduction
This follow-up review examines Monde Nissin Corporation (MONDE) based on the morning session chart as of February 19, 2025.
MONDE recently attempted to break above the 9.13 resistance zone, following a strong close on February 18, 2025, at 8.45 with a volume surge of 10.465M, exceeding its target breakout volume of 10.41M.
This review will determine whether MONDE’s bullish momentum is sustainable and whether a buy opportunity exists using the Hybrid 10-Step Trading Strategy 3.0.
Updated Trade Details (Morning Session – February 19, 2025)
- Date: February 19, 2025
- Stock: Monde Nissin Corporation (MONDE)
- Exchange: Philippine Stock Exchange (PSE)
- Timeframe: Morning Chart (End of Morning Session)
- Opening Price: 8.45
- High: 8.60
- Low: 8.28
- Current Price: 8.52
- 20-MA (Short-Term Trend): 7.51
- 200-MA (Long-Term Trend): 9.55
Volume Analysis (Morning Session – February 19, 2025)
- Morning Volume: 3.825M
- Closing Volume (February 18, 2025): 10.465M
- 30-day Volume Average: 9.671M
- 65-day Volume Average: 7.122M
- Target Breakout Volume (65-day x 1.5 volume average): 10.41M
With MONDE’s price hovering near the 9.13 key breakout level, this analysis will evaluate whether the stock can sustain its bullish move or if a pullback is expected.
MONDE Morning Session Stock Charts as of February 19, 2025
II. Hybrid 10-Step Trading Strategy Review
Step 1: Identify Market State & Trend Context
Daily Chart:
- MONDE continues to trade below the 200-day MA (9.55), meaning the long-term trend remains bearish.
- However, the price is now well above the 20-day MA (7.51), indicating strong short-term bullish momentum.
Monthly Chart:
- The stock is attempting a recovery from the 6.65 low, but it remains below the 20-MA (9.14).
➡ Verdict: Wait (Short-term bullish momentum is strong, but long-term downtrend remains).
Step 2: Price Position & Retracement Zones
- MONDE is currently at the 57% retracement level, slightly above the power move sweet spot of 8.47 - 9.13.
- A break above 9.13 with strong volume would confirm a bullish continuation.
➡ Verdict: Watch for Breakout Above 9.13 (Critical Level for Bulls).
Step 3: Power Bars, Breakout Signals & Volume Confirmation
- MONDE closed with high volume (10.465M) on February 18, 2025, exceeding the 10.41M breakout target, indicating strong buying interest.
- However, the morning session volume (3.825M) is lower, meaning momentum must be sustained throughout the day.
➡ Verdict: Buy on Further Strength (Monitor closing volume for confirmation).
Step 4: Entry Confirmation Based on Technical Signals
- A full confirmation occurs if MONDE closes above 9.13 with strong volume.
- The key resistance levels:
- Short-term: 9.13
- Mid-term: 9.55 (200-MA)
➡ Verdict: Small Entry Possible (Full confirmation needed).
Step 5: Stop-Loss Positioning & Risk Management
- If entering long, a stop-loss should be placed below 8.00 to protect against downside risk.
- A drop below 7.50 would signal further weakness.
➡ Verdict: Buy with Risk Management (Stop-loss at 8.00).
Step 6: Color Change Signals for Additional Confirmation
- Another green candle has formed, reinforcing bullish sentiment.
- However, confirmation of bullish structure requires a sustained close above 9.13.
➡ Verdict: Wait (Needs a strong close above 9.13).
Step 7: Profit-Taking Strategies with Tactical Exits
- Profit targets:
- Short-term: 9.13
- Mid-term: 9.55 (200-MA)
- Long-term: 10.50
➡ Verdict: Hold Position, Take Partial Profits at 9.13 and 9.55.
Step 8: Potential Re-Entry Zones
- Re-enter near 8.15 if support holds.
- Buy on a confirmed breakout at 9.13.
➡ Verdict: Watch for Re-Entry on Retracement or Breakout.
Step 9: Tactical Position Adjustments
- Core Position: Initiate if MONDE holds above 9.13 with volume confirmation.
- Tactical Entry: A small position can be taken near 8.52, increasing size upon confirmation above 9.13.
➡ Verdict: Small Position Possible Near 8.52, Increase Size Above 9.13.
Step 10: Counter-Trend Trading Considerations
- No counter-trend trade is recommended since MONDE is trading within a breakout structure.
➡ Verdict: Avoid Counter-Trend Trading.
III. Final Stock Recommendation
Final Trade Recommendation: BUY (With Confirmation)
✅ Recommendation: Buy if MONDE holds above 9.13 with strong volume.
✅ Risk Management: Stop-loss at 8.00 to manage downside risk.
✅ Profit-Taking Strategy: Target prices at 9.13 (short-term), 9.55 (mid-term), and 10.50 (long-term).
✅ Position Size Strategy: Start small near 8.52, increase size upon confirmation above 9.13.
IV. Next Steps
🔹 Short-term traders: Monitor if MONDE sustains above 9.13 before taking full positions.
🔹 Long-term investors: Consider small entries near 8.52 with a stop at 8.00, then add if volume strengthens.
🔹 Existing holders: Monitor breakout confirmation above 9.13 before adding positions.
🚨 Final Thought: MONDE continues its breakout attempt. A strong close above 9.13 with volume confirmation is the key signal to watch. 🚨
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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- Micro Stock Trader: Comparing the Modified 10-Step Trading Strategy vs. Retracement Trading Strategy
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