Technicals Talk: Monde Nissin Corp. (MONDE) – 8 Jun 2022 by RCBC Securities
MONDE traded higher yesterday by 2.83% to close at 8.35.
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.
MONDE traded higher yesterday by 2.83% to close at 8.35.
AGI traded strong yesterday reaching its new 52-week high of 14.28 before closing at yesterday’s low of 14.00.
Ascending triangle pattern.
Recovering momentum on Stochastics.
LTG gapped down from its 9.90 support last May 25 and hit a low of 9.35.
Strong support at 38.20% Fibonacci Retracement levels.
Potential strong support at 38.20% Fibonacci retracement level.
Previous resistance became support.
Bullish hammer at critical support areas.
Strong bullish candle for a bounce.
SM settles lower on its upward range giving investors a chance to
ICT closed at 201.00, slightly below the 200-day EMA but still up by 3.08%.
Breakout above 200EMA.
URC shares fell on yesterday’s bearish market, closing the day down by -3.31%.
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