FREE Technicals Talk: CEB (12 Jan 2021) by AP 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.

 

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Our Partner Broker’s Analysis and Opinion
Stock Code Company Broker Opinion Issued on Support Resistance
CEB Cebu Air Inc. AP Securities (formerly Angping and Associates Securities) 12 Jan 2021 52.30 / 47.50 58.30

 

Regained its momentum above RSI50 and breakout from EMA200.

Rebounded near the 61.8% fib level and potential golden cross.

Must trade above 52.30 to invalidate the formation of bearish HnS.

 

Our Partner Broker’s Recommendation

Test buy. Target Price: PHP 58.30.

Stop loss level: If it falls below EMA50 (PHP 47.50).

 

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AP Securities (formerly Angping & Associates Securities)
AP Securities (formerly Angping & Associates Securities)

AP Securities (formerly Angping & Associates 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.