Technicals Talk: D&L Industries Inc. (DNL) – 19 Dec 2022 by RCBC Securities
DNL has been in a range since March of 2022 between PHP 8.00 and PHP 6.50.
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.
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.
GTCAP has fallen from selling pressure, down 8.57% since December 7, and closed in the red once again last Friday at PHP 412.00.
Previous breakout of downtrend channel.
Recovering momentum on Stochastics.
Potential breakout of ascending triangle pattern.
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