Technicals Talk: Aboitiz Equity Ventures, Inc. (AEV) – 7 Jun 2024 by Regina Capital Development Corp.
AEV closed with a modest increase yesterday within the 35.95-39.00 range.
Technicals Talk reports contain our partner brokers’ technical analyses of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used when doing short-term or day trading.
AEV closed with a modest increase yesterday within the 35.95-39.00 range.
JFC traded higher yesterday with 2.60%, to close at 228.80.
After experiencing a significant rally of as much as 43% and reaching its highest level in 7 years at 4.20, APX’s share price pulled back and entered a consolidation phase.
MBT has broken down from its 50-day EMA support at 67.50 yesterday to close at 65.05, shedding 2.91%.
ALI’s share price plummeted sharply in early April, experiencing a loss of as much as 20% and breaking below
ACEN closed on a red candle after reaching near resistance at 5.10.
DMC traded higher yesterday by 3.55% to close at 11.08.
SMPH is currently trading in a narrow range of 28 – 29.80.
Looking at the chart, WLCON’s price shows a strong upward momentum.
BLOOM is currently bullish, trading between 10.60-10.50.
ICT continued to create higher lows as the stock closed strong today with a gap up supported by strong volume.
Double bottom pattern.
AP is currently consolidating within a narrow range of 35.45-36.00 trading below all moving averages.
ALI is currently moving sideways with an upward bias as buying volume was significantly strong for the past trading days.
Double bottom pattern.
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