Technicals Talk: Bloomberry Resorts Corp. (BLOOM) – 17 Jan 2024 by Regina Capital Development Corp.
BLOOM resumes its decline after a brief breather yesterday.
Technicals Talk reports contain our partner brokers’ technical analyses of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used when doing short-term or day trading.
BLOOM resumes its decline after a brief breather yesterday.
AEV is currently in the process of forming a solid base.
WLCON has snapped its four-day losing streak, up by +1.35% to 22.50.
CNPF is currently on an uptrend channel and is tracking its 50-day EMA as its support.
WLCON traded higher for 6 consecutive days then pulled back yesterday to 23.85, closing down by 0.63%.
JGS bounced off near the resistance line of a rising channel and retreated yesterday after trading higher for three consecutive days.
After reaching its all-time high of 151.40 in mid-July last year, BDO pulled back and has been creating higher highs and lower lows but still respecting the 125.50 to 126.00 area as support.
Ascending triangle pattern.
ALI has been trending up after it bounced from the 26.20 previous low, gaining 30% from Nov-Dec 2023.
Settling with a gain of over +11%, AEV is back from the dead!
JFC traded slightly higher last Friday to close at 251.40, up by 0.64%.
SCC continues to be traded at a discount to its historical price levels.
ALI shares continue its upward trend, rising to 34.40.
Inverse head and shoulder pattern.
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