Technicals Talk

ICT closed with a red candle above its 50-MA, but lower than its 9-MA.

ALI has closed with green candles for the 3rd consecutive day this week, reaching 36.10 intraday and moving beyond its 50-MA.

The stock is near its 9d MA, reflecting a pause in its recent uptrend.

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.

CEB closed above its 50-MA at 29.10, touching upon 29.20, intraday.

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.

GLO stocks are currently in its consolidation phase, moving sideways within a range of 2201.04-2270.30.

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.

RLC stocks are currently at a resistance level, trading along its 50-MA within a range of 14.59-15.00.

PLUS stocks pulled back yesterday, closing down -2.29% at 23.45, a move anticipated as RSI remains in overbought territory at 77.11.

ALI stocks are currently hitting a resistance level as yesterday’s trading session saw an uptick of +2.50% to 34.86 with conditions nearing oversold territory.