FREE Technicals Talk: PHA (3 Feb 2021) 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.

 

NOTE: Here’s a Premium Technical Analysis report for free! Do you want full and unlimited access to all exclusive PSE recommendations by our partner brokers? Simply upgrade to Premium Access for as low as PHP 399.00 a month to help you wisely trade PSE stocks every trading day!

Our Partner Broker’s Analysis and Opinion
Stock Code Company Broker Opinion Issued on Support Resistance
PHA Premiere Horizon Alliance Corp. Unicapital Securities 3 Feb 2021 2.03 2.64

 

PHA closed at P2.34 after encountering resistance at P2.64.

We expect the stock to transition into a range between P2.03 support and P2.64 resistance in the short term.

 

Our Partner Broker’s Recommendation

We recommend trading the range and buying near P2.03 and P2.21 with an objective to sell near P2.64 and P2.84. Place a strict mental stop if the stock closes below P2.00.

 

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.