Technicals Talk

Price bounced at previous trendline resistance levels.

MBT has rallied past its 10-Day EMA at PHP 54.95 to close yesterday at 55.80, up 2.39% after consolidating for the past two weeks.

ACEN snapped its two-day losing streak and proved yet again the durability of its 100-d MA support at PHP

Uptrend channel.

For the past months, the stock has been forming higher lows and higher highs, although it has been

Recovering momentum on RSI and Stochastics.

Likewise, the recalibrated bullishness has seeped into the indicators. However, note that the indicators are still

Over five days have passed, yet it seems like JFC is still short of a push to break past its arms-length of a resistance at PHP

AEV has traded sideways after seeing a steep slump at the start of December, but managed to mount a strong rally yesterday, up 2.55%.

URC managed to immediately put a stop to its stay in the red yesterday.

DNL has been in a range since March of 2022 between PHP 8.00 and PHP 6.50.

Overall, with the expectation that a reprieve in BDO’s price would likely take place this week, the stock is still to

Recovering momentum on RSI.

Previous breakout of ascending triangle pattern.

Bullish hammer at previous breakout levels.