AP seems to be acting like a contrarian of the index, as the former is up by +1.08% while the latter is bleeding.
Cup and handle pattern.
After the three marching soldiers in the prior trading sessions, SM has been on a steep correction in yesterday’s trading day.
After reaching its 3-yr low at 27.70 on Sept 20, SMPH’s share price rebounded and has been rising slowly.
URC traded higher for 6 consecutive days after it bounced from its support at 108.50.
Technicals Talk: International Container Terminal Services, Inc. (ICT) – 23 Nov 2023 by AP Securities
RSI near overbought territory.
Ascending triangle pattern.
JFC’s share price declined by as much as 21% after reaching its 52-week high at 261.40.
AC broke out from its resistance at 629.00 to close at 647.00 last Friday.
Price at critical support.
Price at a medium-term sideways trend.
A tough past few months for DNL as the stock continues to decline to 52w lows.
Technicals Talk: GT Capital Holdings, Inc. (GTCAP) – 17 Nov 2023 by Regina Capital Development Corp.
The stock has seen a strong upward trend, currently on its 4th straight trading day of gains.
The bears and the bulls are playing tug-o-war for AP, as seen on the latter’s spinning top candle.
Inverse head and shoulder pattern.
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