Regina Capital Development Corporation

ACEN is currently seeing strong selling pressure trading in the 3.28-4.41 range, with price gradually dropping to levels drastically lower than that of recent years.

After Monday’s price decline, ICT kicked off Tuesday’s trading session with a notable gap down, further pushing the RSI into bearish territory.

The stock is pushing pre-pandemic resistance levels, trading within support levels in the 56.60-71.60 range with prices going up.

Following Monday’s bearish marubozu candlestick, the bears have managed to push JFC into the oversold territory.

The outlook for MER stock prices has been uncertain for traders, as the market has been staggering within the 350.50-376.90 range.

The heavy selling pressure dragged ALI’s price to 28.50 during the market open, touching its intraday low of 27.60.

GTCAP has caught the attention of the bears. The stock fell -3.58% to 674.00 trailing only behind ALI as one of the most heavily hit stocks today.

The bulls temporarily stopped BPI’s slump.

The current stock price of ICT is nearing its 20-d MA as the selling pressure gets heavier in yesterday’s session.

The appearance of three bearish candlesticks in SM’s chart suggests an increased likelihood that the stock’s price will soon reach its support level of 967.