Technicals Talk: Ayala Land, Inc. (ALI) – 21 Feb 2024 by AP Securities
Previous 100EMA trail resistance became support.
Previous 100EMA trail resistance became support.
CREIT appears to be consolidating within a sideways trend, taking a breather around its 20-d MA.
Light sessions are seen, with foreign fund managers on their extended weekend break for the US Presidentsā Day holiday.
Potential Cup and Handle pattern.
After several attempts since last month, DNL finally broke above the 200-D moving average (MA) last Friday, gaining 3.95% and formed a rounding bottom pattern which suggests that a trend reversal to the upside is highly likely.
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.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
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