Technicals Talk: SM Investments Corp. (SM) – 3 May 2023 by Regina Capital Development Corp.
SM shares have risen strongly, closing now above all of its MAs.
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.
SM shares have risen strongly, closing now above all of its MAs.
Recovering momentum on RSI and Stochastics.
Symmetrical triangle pattern.
JFC traded higher last Friday to close at 225.00, up by 2.74%.
Recovering momentum on RSI and Stochastics.
Potential bounce at previous breakout levels.
BLOOM had a huge gap up as investors speculate that the company will be included in the PSEI in its next rebalancing.
BDO shares continue to go up as it leads the banking sector.
Symmetrical triangle pattern at range support.
Inverse head and shoulder pattern.
Potential retest of breakout.
Recovering momentum on RSI and Stochastics.
BDO has put up three consecutive rallies since last week, rising nearly 10% since last Wednesday.
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