Technicals Talk: Aboitiz Power Corp. (AP) – 17 May 2024 by Regina Capital Development Corp.
AP is currently consolidating within a narrow range of 35.45-36.00 trading below all moving averages.
AP is currently consolidating within a narrow range of 35.45-36.00 trading below all moving averages.
ALI is currently moving sideways with an upward bias as buying volume was significantly strong for the past trading days.
JFC stock price is currently moving sideways in the range of 218.40-240 which reflects indecision in the market.
The local bourse closed positive at 6628.20 after a sell-down the other day.
GLO is currently moving sideways with a strong upward bias as it closed above its immediate resistance at
MWC is on an uptrend and continues to create a new 52wk high.
The local bourse closed higher at 6608.36.
MONDE stock is exhibiting a bullish trend with key indicators signaling strong upward momentum.
ICT continued its uptrend movement as it managed to close above its new support of P350 after it pulled back yesterday.
MBT is currently sitting on 68.75 which is near its support at 68.00.
The local bourse fell by 116.72 points and continued to move sideways after a rejection from MA100.
Our Target Price and recommendation for this stock is
PGOLD is currently seeing more bullish conditions with a sharp uptick in RSI which is now neutral at 44.75, improving from the recent oversold conditions, suggesting a potential bullish reversal supported by a positive crossover in MACD.
CNPF follows its uptrend as it continues to bounce at its support of P36 to create higher lows.
SCC currently fell below its ,oving averages and it continues to move to its support level of P29.00.
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