Technicals Talk

EW is showing signs of consolidation around 10.00, with its short-term MAs providing stronger support near 9.00.

BDO closed at 157, down by -1.88% intraday, below its 9-MA and 50-MA.

GLO is gradually descending below its 50-MA, reaching 2,312 intraday.

CNPF closed down -1.46% intraday, following a surge of +6.03% in the previous session.

MONDE closed down -2.61% intraday after a large buy-up in the previous session.

MBT closed at 77.00 with a red candle, extending the bearish momentum over the past week.

ALI closed just below its 9-MA at 35.80 (-0.56%).

CNVRG closed above key resistance at 17.26/sh, riding an uptrend above all moving averages.

BDO reflected a +0.31% intraday, with movement between 162.00 and 163.00.

TEL closed just above its 100-MA support level at 1,490.00.

GTCAP is continuing its sideways drift above the 50-MA, closing at -1.27% intraday.

The chart shows that ACEN recently bounced back to 5.34, near its 50D MA.

DDMPR is hovering above its 50-MA, reaching 1.06 intraday, slightly above its 52wL of 0.98.

OGP has been in overbought period for quite an extended of time.

MONDE’s share price consolidated for two weeks following a 13% increase in mid-September.