Technicals Talk: DMC Holdings, Inc. (DMC) – 11 Oct 2023 by Regina Capital Development Corp.
The bulls are flocking towards DMC, causing the latter to spike by +4.25%.
The bulls are flocking towards DMC, causing the latter to spike by +4.25%.
The PSEi changed slightly in yesterday’s trading, as it looks to hold at its current range.
GTCAP snapped its three-day winning streak, as concluded trading Thursday down by over -3% at 570.00.
The PSEi tumbled below the 6200-level, with a candle that almost resembled a bearish marubozu candle.
Our Target Price and recommendation for this stock is
The stock has been going up after touching support with moving averages going strongly bullish together with momentum pointing sharply upwards.
The index closed at 6,385.32 as the index bounced back.
ALI starts to move back up after consolidating.
The index closed at 6,263.94 as the index bounced back.
JFC still goes down even with prices touching support.
Momentum is still being flattish as RSI starts to consolidate indicating that the index may
Despite the current downfall, SCC manages to sustain prices at higher levels.
MONDE starts to consolidate at the highs with moving averages trying to turn
Moving averages are still bearish with the index nearing solid support at 6,000 levels.
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