Technicals Talk: BDO Unibank, Inc. (BDO) – 23 Aug 2023 by RCBC Securities
After reaching an all-time high at 151.40 last July 25, BDO’s share price pulled back by as much as 9% resulting in a
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.
After reaching an all-time high at 151.40 last July 25, BDO’s share price pulled back by as much as 9% resulting in a
Strong 100EMA trail.
Inverse head and shoulder pattern.
Strong 100MA trail.
SCC remains a good pick as it displays market resilience among other names.
Potential bounce at 61.80% Fibonacci retracement levels.
PLUS has gained 40% since the breakout from its 2-month consolidation and reached a new 52-week high of 5.38 yesterday.
AC traded lower last Friday, closing at 604.00, down by 2.03%.
Price near range support.
ICT continues its range as the index falls down making this stock an attractive buy for investors for a chance at another run-up.
JFC starts to trend lower as bears sell with the index going down.
Bullish divergence on RSI.
Uptrend channel.
WLCON traded higher yesterday by 0.66% to close at 22.85. It recently dipped to
Extremely oversold on Stochastics and RSI levels.
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