Technicals Talk: DMC Holdings, Inc. (DMC) – 22 Jun 2023 by AP Securities
Descending 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.
Descending triangle pattern.
Negative Momentum indicator.
Potential triple bottom.
Strong 200EMA trail support.
PGOLD traded lower yesterday, down by 1.41%, to close at 28.00. The stock was sold down since
Might recover momentum after bounce of 50 RSI levels.
Recovering momentum on Stochastics.
The stock could prove appealing to investors should JGS be able to hold at support.
MEG shares have been consolidating within a range, making for some good trades for investors looking to trade sideways.
Potential breakout of downtrend channel.
Shares have been trading sideways in the last couple of trading days, performing below the 50-d MA.
Symmetrical triangle pattern.
Consolidating at 200EMA trail.
As the stock closes into the oversold area, investors should see an opportunity to
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