Technicals Talk

APX is showing renewed strength after its recent pullback, bouncing off its near-term support zone.

MYNLD is currently pulling back after it tested the resistance level of its ascending channel.

GLO closed higher by 2.86% to 1726.00 as it continues a short-term upward momentum, breaking its previous resistance and testing 200MA.

TEL edged up by 2.56% as it broke past its previous resistance level and continues to trade above key moving averages.

On technicals, MEG is currently on an uptrend trending above all key moving averages 20-day, 50-day, 100-day, and 200-day (MA).

MBT edged down -2.64%, below MA200 overhead supply.

PLUS continues to hover near recent lows and remains below moving averages.

SMPH closed lower by 0.44 as it continues to consolidate near resistance levels, testing 100MA.

JFC edged up +1.37% to 207, trading close 100MA after its recent pullbacks.

ALI closed -4.68% lower after briefly consolidating at resistance levels testing overhead resistance at 200MA.

BPI continues its four day winning streak edging up +0.64% higher and now presses into overhead resistance after reclaiming the 200MA.

AC surged +4.13% after shortly consolidating.

On technicals, AREIT is currently trading sideways above key moving averages (MA) 50-day and 200-day and is also trending around the 20-day MA and is playing as a strong support to the price action.

RCR is trading sideways, with price oscillating in a tight band.

IMI broke above its pennant consolidation pattern to hit our target price of PHP4.14.