Technicals Talk

With the prior rally, JFC seems to be cooling down as it ended at 218.40 yesterday.

Bullish engulfing pattern.

In our view, SMPH could now take off anytime soon. Intraday, the stock fell until

Inverse head and shoulder pattern breakout.

ACEN closed at 5.45 yesterday, up by 1.30%. The stock is forming

Potential descending triangle pattern.

AC has been trading sideways between the 600.00 to 630.00 range for 2 months now and currently hovering below its 100-day MA which has been acting as resistance since mid-June.

MER has logged an intraday high of 368 today. However, some profit-takers came out causing the gains on MER to get trimmed down.

After hitting an all-time high of 151.40 on July 25, BDO pulled back by as much as 15% and broke below the uptrend line as well as its 200-day MA.

Head and Shoulders pattern.

AGI failed to flip its trend upside down yesterday, which is likely going to be the same case today.

Range trade over? BPI is close to trading below 100 and in the double digit levels as shares see sustained selling pressure.

Weakening momentum on RSI and Stochastics.

JFC broke down from its 211.80 support yesterday, down by 2.24% to close at 210.00.

Last week, MER reached another 52-wk high!