Technicals Talk: BDO Unibank (BDO) – 4 Aug 2023 by Regina Capital Development Corp.
BDO starts to go up after the index went down.
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.
BDO starts to go up after the index went down.
Price near bottom picking levels.
RSI and Stochastics at oversold levels.
Stochastics at extreme overbought levels.
Price at range resistance levels.
Ascending triangle pattern.
Recovering momentum on RSI and Stochastics.
Inverse head and shoulder pattern breakout.
RLC went up by more than 7% last week resulting in a breakout above its 50-day and 100-day EMAs and was able to close the gap made on May 26.
Ascending triangle.
JFC traded up last week after it bounced from 235.30 or its 50-day EMA support.
FB’s stock price has been mostly on a downward trend since its bull run last December up to March.
Just signup below for free: