Technicals Talk: DoubleDragon Corp. (DD) – 19 May 2025 by Regina Capital Development Corp.
DD is seeing its second consecutive day of gains, closing up by +0.80%.
DD is seeing its second consecutive day of gains, closing up by +0.80%.
The PSEi increased 0.11% w/w to 6,465.53 (+7.30pts), remaining above its 6,400 support as well as its 20-day, 50-day, and 100-day moving averages (MA).
Upward finishes are seen, as investors seize on the latest lull to position.
BDO is experiencing a -3.41% decline at 161.3, from its previous close.
GTCAP has recently shown signs of a technical recovery, climbing steadily from its earlier downtrend and forming higher lows.
JFC is continuing its recent uptrend, closing at 245, up by +0.74%.
The PSEi closed at 6,466.86, down -1.30%, marking its second day of consecutive losses.
Sessions might be range-bound, as investors parse through 1Q results from listed shares & factor-in guidance for the remaining stretch this year.
Market participants are seen to sift through 1Q results, specifically on core earnings from select large-caps.
The PSEi increased 0.72% w/w to 6,458.20 (+46.34pts), remaining above its 6,400 support as well as its 20-day, 50- day, and 100-day moving averages (MA).
Sentiment may turn receptive to China-US accord to lower tariffs during their 90-day truce, plus the relatively peaceful outcome of the local elections.
PLUS is in a continuous upward trend, increasing by 0.12%.
ALI dipped -2.29% to close at P23.45, continuing its decline from recent highs as selling pressure builds.
Following a short climb, the PSEi fell -1.17%.
Participants may continue to parse through 1Q results, as well as forward guidance from select large caps.
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