Technicals Talk: DMC Holdings, Inc. (DMC) – 3 Jan 2023 by Regina Capital Development Corp.
DMC broke out last minute towards closing on Thursday to end the day at 12.00, up by 5.08%.
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.
DMC broke out last minute towards closing on Thursday to end the day at 12.00, up by 5.08%.
MONDE has closed on the downside, near its support and its 52-week low of 11.00.
MER has rallied past its consolidation phase that lasted the month of December, breaching the 290.00 level and
50EMA trail support.
Potential retest of 200EMA.
Ascending triangle pattern.
100EMA trail support.
Strong 20EMA trail.
Potential breakout of symmetrical triangle pattern.
EMI is forming an ascending triangle since it bottomed out last October at support level at PHP
Price above 200EMA.
ACEN rebounded off the 100-day MA and from its resistance-turned support line at PHP
DMC was able to surpass its previous 52-week high of PHP 11.14 to close up by 3.12% at PHP 11.24.
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