Technicals Talk: AbaCore Capital Holdings (ABA) – 12 Oct 2023 by AP Securities
Strong momentum on RSI after breakout.
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.
Strong momentum on RSI after breakout.
Breakout of 100MA trail.
The bulls are flocking towards DMC, causing the latter to spike by +4.25%.
MBT traded lower last Friday, by 0.76% to close at 52.20.
GTCAP snapped its three-day winning streak, as concluded trading Thursday down by over -3% at 570.00.
Positive Momentum indicator.
Inverse head and shoulder pattern.
The stock has been going up after touching support with moving averages going strongly bullish together with momentum pointing sharply upwards.
Bearish crossover on Stochastics.
After rallying by almost 25%, NOW’s share price met resistance at its 100-D moving average (MA) and is currently consolidating below this level.
Shooting Star pattern.
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.
Just signup below for free: