Technicals Talk: Aboitiz Power Corp. (AP) – 11 Sep 2024 by Regina Capital Development Corp.
AP stocks are currently in its consolidation phase as yesterday’s trading session closed at a resistance level on 36.06.
AP stocks are currently in its consolidation phase as yesterday’s trading session closed at a resistance level on 36.06.
VREIT is riding high at its all-time peak, albeit things are looking a bit overheated.
MWC stocks are currently seeing a pullback as investors begin to take profits.
MEG stocks are currently bullish trading within a range of 1.90-1.96, hitting resistance levels with a possible breakout.
The index saw a wide trading range yesterday treading the 7100s territory at its peak and it closed off just around resistance levels at 6984.83 (+0.01%).
Our Target Price and recommendation for this stock is
CEB closed above its 50-MA at 29.10, touching upon 29.20, intraday.
The PSEi closed up 41 basis points at 6,936.09, indicating resilience at recent peak levels.
BPI stocks are currently in a mildly bullish consolidation phase, trading within a range of 122.48-128.78.
RRHI stocks are currently seeing a pullback as yesterday’s trading session fell from its sideways drift along its resistance levels.
The index has been moving sideways these past few days with the bulls keeping it afloat within range, closing just above the 6900s level.
DMC’s price is currently rallying above all moving averages, with MACD histograms indicating slightly strengthening bullish sentiments, as buying pressure continues to hover over selling pressure.
GLO stocks are currently in its consolidation phase, moving sideways within a range of 2201.04-2270.30.
RLC stocks are currently at a resistance level, trading along its 50-MA within a range of 14.59-15.00.
The index has been moving sideways these past few days although it seems that the bears are beginning to take over as consecutive red candles fill the chart.
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