Technicals Talk: Aboitiz Equity Ventures, Inc. (AEV) – 11 May 2023 by AP Securities
Positive momentum Indicator.
Positive momentum Indicator.
DNL continues its third day of straight losses.
Price rejection near 200EMA levels.
Potential bounce at 200EMA trail.
After a huge pullback coming from 6,700 yesterday, the index has formed a bullish doji and managed to stay above 6,600 levels.
Movements might stay range-bound, as participants digest 1Q23 results from select large caps.
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