Technicals Talk

ALI has closed with green candles for the 3rd consecutive day this week, reaching 36.10 intraday and moving beyond its 50-MA.

The stock is near its 9d MA, reflecting a pause in its recent uptrend.

AP stocks are currently in its consolidation phase as yesterday’s trading session closed at a resistance level on 36.06.

VREIT is riding high at its all-time peak, albeit things are looking a bit overheated.

MWC stocks are currently seeing a pullback as investors begin to take profits.

MEG stocks are currently bullish trading within a range of 1.90-1.96, hitting resistance levels with a possible breakout.

CEB closed above its 50-MA at 29.10, touching upon 29.20, intraday.

BPI stocks are currently in a mildly bullish consolidation phase, trading within a range of 122.48-128.78.

RRHI stocks are currently seeing a pullback as yesterday’s trading session fell from its sideways drift along its resistance levels.

DMC’s price is currently rallying above all moving averages, with MACD histograms indicating slightly strengthening bullish sentiments, as buying pressure continues to hover over selling pressure.

GLO stocks are currently in its consolidation phase, moving sideways within a range of 2201.04-2270.30.

RLC stocks are currently at a resistance level, trading along its 50-MA within a range of 14.59-15.00.

PLUS stocks pulled back yesterday, closing down -2.29% at 23.45, a move anticipated as RSI remains in overbought territory at 77.11.

ALI stocks are currently hitting a resistance level as yesterday’s trading session saw an uptick of +2.50% to 34.86 with conditions nearing oversold territory.

EMI stocks are in a consolidation phase, trading sideways between 18.66 and 18.86.