The MPI delisting saga
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
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.
Market investors will digest the Fed’s widely-expected 25bps rate hike move, and balance Fed chair Powell’s latest statement for clues on its sequel move.
Recovering momentum on RSI and Stochastics.
Potential bounce at 50.00% Fibonacci retracement levels.
Breakout of ascending triangle pattern.
SM shares have risen strongly, closing now above all of its MAs.
ALI shares have finally gone up after consolidating at 25-26 areas.
The index continues to break above its previous resistance level with the index now finishing at 6,672 after a bullish run.
The only counter so far is on the current turnover, as some might be bidding for time ahead of results from the Fed meeting.
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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