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May 2022Technicals Talk: CNVRG (18 May 2022) by Unicapital Securities
CNVRG closed at PHP 27.85. We recommend
CNVRG closed at PHP 27.85. We recommend
RCR returned to its previous trading range and has been attempting to close the gap and break
MONDE closed at PHP 14.60. We recommend
Although the stock could be in a correction, pulling back from its resistance, it could consolidate between PHP
MONDE has moved up after breaking out from its downtrend channel last May.
A solid consolidation range lives on for SCC— closing at PHP 29.75 in the last trading session.
The stock's price bounced up after it momentarily breached its long-term MA and support at PHP 70.56 the other day.
MEG finishes with a hammer after witnessing a massive volume-backed trading session.
BDO closed at PHP 126.50. We recommend
URC staged another rally for the second consecutive time this week.