Technicals Talk: JG Summit Holdings, Inc. (JGS) – 27 Jun 2023 by AP Securities
Weak momentum of bounce.
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.
Weak momentum of bounce.
Stochastics entering overbought levels.
ICT formed a double-top pattern which is a bearish reversal pattern. It signifies a
JGS declined almost 13% week on week as the stock has been on a slide for the fifth consecutive session.
Breakout of falling wedge reversal pattern.
MONDE has been going down after trying to go up as much as 8.50.
Potential to break falling wedge reversal pattern.
Descending triangle pattern.
Negative Momentum indicator.
Potential triple bottom.
Strong 200EMA trail support.
PGOLD traded lower yesterday, down by 1.41%, to close at 28.00. The stock was sold down since
Might recover momentum after bounce of 50 RSI levels.
Recovering momentum on Stochastics.
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