Technicals Talk: Bloomberry Resorts Corp. (BLOOM) – 7 Jul 2023 by RCBC Securities
BLOOM closed 10.96 yesterday down by 1.79%.
BLOOM closed 10.96 yesterday down by 1.79%.
Inverse head and shoulder pattern.
Potential bounce at 61.80% Fibonacci retracement level.
Strong 20EMA trail.
Ascending triangle pattern.
Inverse head and shoulder pattern.
Potential inverse head and shoulder pattern.
The last candle extended above the upper Bollinger Band confirming that the stock is already
The 6,400 level proved to be a strong support as the PSEi bounced back from the said level last week.
Expect volatility to continue however, given debates on how further economic growth will be supported for the remainder this year.
Multiple bearish candle stick triggers.
Descending triangle.
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