Technicals Talk: Monde Nissin Corp. (MONDE) – 19 Feb 2024 by Regina Capital Development Corp.
MONDE logged its 13th straight trading day in the greens, RSI levels are hitting the roof, levels at 85.79.
MONDE logged its 13th straight trading day in the greens, RSI levels are hitting the roof, levels at 85.79.
Potential inverse head and shoulder pattern.
The PSEi surged by +0.34% w-o-w to close at 6,873.23, marking its fourth winning streak.
Movements might stay range-bound for now, as the PSEi reinforces a firmer base at 6,800.
Bearish divergence on RSI.
Sentiment might sway to Wall Streetās lead, with improved liquidity returning to equities.
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