Technicals Talk: Universal Robina Corp. (URC) – 9 Jun 2023 by Regina Capital Development Corp.
Shares have been trading sideways in the last couple of trading days, performing below the 50-d MA.
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.
Shares have been trading sideways in the last couple of trading days, performing below the 50-d MA.
Symmetrical triangle pattern.
Consolidating at 200EMA trail.
As the stock closes into the oversold area, investors should see an opportunity to
MONDE traded higher yesterday by 2.83% to close at 8.35.
AGI traded strong yesterday reaching its new 52-week high of 14.28 before closing at yesterday’s low of 14.00.
Ascending triangle pattern.
Recovering momentum on Stochastics.
LTG gapped down from its 9.90 support last May 25 and hit a low of 9.35.
Potential strong support at 38.20% Fibonacci retracement level.
Strong support at 38.20% Fibonacci Retracement levels.
Previous resistance became support.
Bullish hammer at critical support areas.
Strong bullish candle for a bounce.
SM settles lower on its upward range giving investors a chance to
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