{"id":320179,"date":"2023-01-04T06:14:16","date_gmt":"2023-01-03T22:14:16","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=320179"},"modified":"2023-01-07T19:52:46","modified_gmt":"2023-01-07T11:52:46","slug":"technicals-talk-bloomberry-resorts-corp-bloom-4-jan-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-bloomberry-resorts-corp-bloom-4-jan-2023-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Bloomberry Resorts Corp. (BLOOM) – 4 Jan 2023 by Regina Capital Development Corp."},"content":{"rendered":"
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\"\"<\/figure><\/div>\n\n\n
<\/div>\n\n\n\n

Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>BLOOM<\/td><\/tr>
Company Name<\/strong><\/td>Bloomberry Resorts Corp.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>4 Jan 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 7.10 <\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 8.05 \/ 8.10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

BLOOM outperformed the index yesterday and pumped more than 5% on stronger-than-usual volume. It broke out and hit a new 52-week high of 8.05\u2014a level it hasn\u2019t seen since Nov 2021.<\/p>\n\n\n\n

The breakout brought BLOOM to the overbought region, however, so expect a pullback this week. <\/p>\n\n\n\n

Indicators picked up a spike in buying pressure, but volatility also jumped. This means that chances of BLOOM correcting and reversing course are extremely high. <\/p>\n\n\n\n

Better to cash in on any gains now and re-enter once the inevitable pullback occurs. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Our Partner Broker’s Recommendation<\/h2>\n\n\n\n

Take profits.<\/p>\n\n\n\n

Weekly target: 7.50.<\/p>\n\n\n\n

Support: 7.10.<\/p>\n\n\n\n

Resistance: 8.05 \/ 8.10.<\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

BLOOM outperformed the index yesterday and pumped more than 5% on stronger-than-usual volume.<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-320179","post","type-post","status-publish","format-standard","hentry","category-technicals-talk","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=320179"}],"version-history":[{"count":3,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320179\/revisions"}],"predecessor-version":[{"id":320420,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320179\/revisions\/320420"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=320179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=320179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=320179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}