07
Nov 2019Technicals Talk: X (7 Nov 2019) by Unicapital Securities
X made a huge spike yesterday and closed strong at P1.11.
X made a huge spike yesterday and closed strong at P1.11.
X is trying to move higher after it was rejected above PHP 1.20. The stock looks bullish as
X is holding above the support levels at PHP
X encountered resistance at PHP 1.22 to close at PHP 1.14. We believe the stock is a
X is resisting at PHP 1.11 in the short term. We believe that the stock will remain bullish as
X formed a small bullish triangle formation in the short term. The stock closed beyond its
X closed at PHP 1.46 and established support at PHP
X peaked at PHP 2.33. We think that for the stock to stay bullish, it needs to stay above PHP
X closed at PHP 2.30 as it broke out from the resistance at PHP
We want to wait for a higher low area for X stock to retest PHP