Technicals Talk: Cebu Air, Inc. (CEB) – 2 Feb 2023 by AP Securities
Strong 20EMA trail.
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.
Strong 20EMA trail.
Previous trendline resistance became support.
HOME broke out of its 100-day EMA at 2.70 to close at 2.77, up by 13.06% yesterday.
AREIT has been moving sideways since Nov 2022 and consolidating inside an ascending triangle formation with a resistance line at
SPNEC bounced off from its resistance at P1.43 last Jan 26 after rallying for a month.
Strong 50EMA trail.
Positive Momentum Indicator.
Confluence of support at 38.20% Fibonacci Retracement level.
Previous resistance is a potential support.
MONDE broke down yesterday from its support at 13.80 to close at 13.44.
After trading at its high and turned resistance yesterday of 47.90 the stock fell short closing below the 200 day EMA at
MAXS has been trading on a range for the whole month of January. The 50-d MA and 100-d MA recently
PGOLD broke down last Friday and closed at its daily low of 34.85, lower by -2.92%.
Shooting star pattern on weekly chart.
Shooting star pattern at critical trend line support.
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