FREE Technicals Talk: GMA7 (19 Feb 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
GMA7 GMA Network Inc. AP Securities 19 Feb 2021 6.65 7.85

 

Volume awakens.

GMA7 stock is experiencing a potential formation of a bullish flag pattern.

Retained its momentum at a parabolic state above RSI70.

 

Our Partner Broker’s Recommendation

Recommendation: Trading buy.

Target Price: Upside potential of up to P7.85.

Stop loss level: if pattern is invalidated at P6.65.

 

See all reports for this stock here.

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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.