Technicals Talk: Bloomberry Resorts Corp. (BLOOM) – 7 Sep 2023 by AP Securities
Symmetrical triangle pattern.
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.
Symmetrical triangle pattern.
DMC went up by 7% month-to-date resulting in a break above the 100-day moving average (MA) and is currently approaching the resistance at
Bullish divergence on RSI.
Bullish crossover on Stochastics from oversold levels.
FNI resumed its uptrend and gained around 6% after breaking out from its 2.50 resistance.
SMPH is becoming more volatile as prices starts to go lower.
JFC starts to consolidate as prices touched support.
Bearish divergence on RSI.
Multiple bearish divergences on RSI.
Bullish divergence on RSI.
Entering bottom picking levels.
Price at 200EMA trail.
Flat 200EMA trail.
SM pulls back as the index falls down to its lowest bearish levels this year.
If natural price action still follows, we may see a
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