Technicals Talk: Megaworld Corp (MEG) – 23 Sep 2024 by Regina Capital Development Corp.
MEG surged above all moving averages last Friday, managing to reach 2.08 intraday and slowly approaching its 52wH of 2.10.
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.
MEG surged above all moving averages last Friday, managing to reach 2.08 intraday and slowly approaching its 52wH of 2.10.
PGOLD is heading for another upturn!
ALI has closed with green candles for the 3rd consecutive day this week, reaching 36.10 intraday and moving beyond its 50-MA.
As of the moment, SMPH is currently pursuing an upward climb, rallying above its 50-MA and reaching 33.15 intraday.
ICT closed with a red candle above its 50-MA, but lower than its 9-MA.
The stock is near its 9d MA, reflecting a pause in its recent uptrend.
AP stocks are currently in its consolidation phase as yesterday’s trading session closed at a resistance level on 36.06.
VREIT is riding high at its all-time peak, albeit things are looking a bit overheated.
MWC stocks are currently seeing a pullback as investors begin to take profits.
MEG stocks are currently bullish trading within a range of 1.90-1.96, hitting resistance levels with a possible breakout.
CEB closed above its 50-MA at 29.10, touching upon 29.20, intraday.
BPI stocks are currently in a mildly bullish consolidation phase, trading within a range of 122.48-128.78.
RRHI stocks are currently seeing a pullback as yesterday’s trading session fell from its sideways drift along its resistance levels.
DMC’s price is currently rallying above all moving averages, with MACD histograms indicating slightly strengthening bullish sentiments, as buying pressure continues to hover over selling pressure.
GLO stocks are currently in its consolidation phase, moving sideways within a range of 2201.04-2270.30.
Just signup below for free: