Technicals Talk: Semirara Mining and Power Corp. (SCC) – 27 Sep 2023 by RCBC Securities
SCC broke out of its previous consolidation at the 27.60 to 29.20 range formed from May to July and was able to close the gap at
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.
SCC broke out of its previous consolidation at the 27.60 to 29.20 range formed from May to July and was able to close the gap at
ALI starts to move back up after consolidating.
AP ended strong yesterday to close at 32.10 up by 4.39%.
Multiple bullish candles.
Strong 200EMA trail.
DNL closed last Friday at its 52-week low of 6.07, down by 3.34% for the day. The stock is currently on a
JFC still goes down even with prices touching support.
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
Last week, MER’s share price rose by as much as 5% and reached a new 52-week high at 365.00.
MONDE closed lower at 8.30 last Friday, down by 1.19%.
Ascending triangle pattern.
BPI continues its uptrend as the stock holds above 100 levels.
Previous breakout of 20EMA trail.
URC finished strong yesterday, up 3.42% to close at P121.00.
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