Technicals Talk: BDO Unibank (BDO) – 5 May 2023 by Regina Capital Development Corp.
BDO has started to pullback and go up back again as volatility starts to stay at its highest levels.
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.
BDO has started to pullback and go up back again as volatility starts to stay at its highest levels.
ALI shares continue to go up after consolidating at 25-26 areas.
Inverse head and shoulder pattern.
Breakout of 200EMA and downtrend channel.
BDO has steadily risen over the previous month, gaining 20% since March as it managed to hit its all-time high at 144.60.
Positive Momentum Indicator.
Recovering momentum on RSI and Stochastics.
Breakout of ascending triangle pattern.
Potential bounce at 50.00% Fibonacci retracement levels.
ALI shares have finally gone up after consolidating at 25-26 areas.
SM shares have risen strongly, closing now above all of its MAs.
Recovering momentum on RSI and Stochastics.
Symmetrical triangle pattern.
JFC traded higher last Friday to close at 225.00, up by 2.74%.
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