Technicals Talk: Nickel Asia Corp. (NIKL) – 5 Feb 2025 by Regina Capital Development Corp.
NIKL is showing signs of a potential rebound after a sharp decline, as indicated by the recent bounce from oversold levels.
Regina Capital Development CorporationNIKL is showing signs of a potential rebound after a sharp decline, as indicated by the recent bounce from oversold levels.
ICT surged by +7.62% intraday, staging a strong rebound from recent lows.
BDO remains below all major moving averages but gained +5.47% intraday to close at 144.50.
The PSEi made a strong comeback after consecutive sessions of heavy selling, with the benchmark index reclaiming above 6,000.
VLL closed last Friday at 1.50, below all MAs and down by -1.32%.
SM continues to trade below all MA levels, closing at 795.00 (-%3.28%).
WLCON ended with an uptick of +1.67%, closing at 8.54.
The PSEi dropped by -0.74%, closing at 6,107.66.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
BPI is at a pessimistic level as it continues to trade below all key MA levels, closing at 124.00/sh (-0.40%).
MER is down by -1.40%, closing at 493.00/sh.
The PSEi ended with a modest gain of +0.48%, closing at 6,378.86/sh.
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