Technicals Talk: Nickel Asia Corp. (NIKL) – 4 Jan 2023 by RCBC Securities
NIKL continued to surge after the stock broke out from the neckline of its double bottom formation last
NIKL continued to surge after the stock broke out from the neckline of its double bottom formation last
MER has rallied past its consolidation phase that lasted the month of December, breaching the 290.00 level and
MONDE has closed on the downside, near its support and its 52-week low of 11.00.
EMI is forming an ascending triangle since it bottomed out last October at support level at PHP
ACEN rebounded off the 100-day MA and from its resistance-turned support line at PHP
DMC was able to surpass its previous 52-week high of PHP 11.14 to close up by 3.12% at PHP 11.24.
MBT has rallied past its 10-Day EMA at PHP 54.95 to close yesterday at 55.80, up 2.39% after consolidating for the past two weeks.
AEV has traded sideways after seeing a steep slump at the start of December, but managed to mount a strong rally yesterday, up 2.55%.
DNL has been in a range since March of 2022 between PHP 8.00 and PHP 6.50.
GTCAP has fallen from selling pressure, down 8.57% since December 7, and closed in the red once again last Friday at PHP 412.00.
GTCAP has fallen from selling pressure, down 8.57% since December 7, and closed in the red once again last Friday at PHP 412.00.
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