Technicals Talk: Robinsons Land Corp. (RLC) – 8 Nov 2023 by AP Securities
Bullish engulfing pattern.
Bullish engulfing pattern.
In our view, SMPH could now take off anytime soon. Intraday, the stock fell until
Inverse head and shoulder pattern breakout.
The local bourse successfully rallied for the second straight day as the technical bounce in the market remained strong.
Follow-through response to tamer inflation in October might support sequel buying in equities.
ACEN closed at 5.45 yesterday, up by 1.30%. The stock is forming
Potential descending triangle pattern.
AC has been trading sideways between the 600.00 to 630.00 range for 2 months now and currently hovering below its 100-day MA which has been acting as resistance since mid-June.
MER has logged an intraday high of 368 today. However, some profit-takers came out causing the gains on MER to get trimmed down.
The PSEi bounced back by +0.46% w-o-w, after hitting a year-to-date low the previous week.
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Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
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