FREE Technicals Talk: APL (27 Oct 2017) by Unicapital Securities

The “Technicals Talk” section summarizes our partner brokers’ technical analysis of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used in short-term trading. Learn how you can use this report in this PinoyInvestor guide.

 

Our Partner Broker’s Analysis and Opinion
Stock Code Company Broker Opinion Issued on Support Resistance
APL Apollo Global Capital Inc. Unicapital Securities 27 Oct 2017 0.047 0.059 / 0.060

 

APL encountered resistance at PHP 0.059 and still bullish in the short term.

We believe that it will continue to consolidate between PHP 0.047 and PHP 0.059, with a possibility to break the psychological resistance of PHP 0.060.

 

Our Partner Broker’s Recommendation

We recommend to trade the range with a Price Target of PHP 0.064 – PHP 0.075. Place a mental stop if the price falls below PHP 0.047.

 

This report is prepared by PinoyInvestor’s partner broker below. Sign up to this stock broker to avail of their complete trading brokerage services:

Unicapital Securities
Unicapital Securities

Unicapital Securities is one of PinoyInvestor’s partners in delivering superior and reliable stock research reports that help Filipino investors make smart stock investing decisions! Learn more about them here.