FREE Technicals Talk: SECB (11 Oct 2018) 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: Security Bank (SECB) is currently trading at PHP 162.80 per share. If you followed the Technicals Talk recommendation below (released on October 11, 2018 when SECB was still trading at PHP 133.20), you would have booked a PROFIT of 22.2% in just 6 weeks!

What to do now with SECB: Buy, Hold, or Sell? Check out the latest recommendation in this Premium Access report:

Technicals Talk: SECB (20 Nov 2018) by Unicapital Securities

 

Our Partner Broker’s Analysis and Opinion
Stock Code Company Broker Opinion Issued on Support Resistance
SECB Security Bank Corporation Unicapital Securities 11 Oct 2018 126.00 / 120.00 None indicated

 

SECB is still on a steep downtrend. With the continued weakness of the stock, we think that the stock may go down further between PHP 126.00 and PHP 120.00.

 

Our Partner Broker’s Recommendation

We recommend a BUY at current levels but place a mental stop at PHP 120.00.

 

See all reports for this stock here.

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.