{"id":322604,"date":"2024-08-12T06:25:00","date_gmt":"2024-08-11T22:25:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=322604"},"modified":"2024-08-12T08:45:14","modified_gmt":"2024-08-12T00:45:14","slug":"technicals-talk-petron-corp-pcor-12-aug-2024-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-petron-corp-pcor-12-aug-2024-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Petron Corp. (PCOR) – 12 Aug 2024 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>PCOR<\/td><\/tr>
Company Name<\/strong><\/td>Petron Corp.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>12 Aug 2024<\/td><\/tr>
Price Support<\/strong><\/td>PHP 2.50<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 2.62 \/ 2.73<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

PCOR’s trading volume in the past days have consistently surpassed its 20d average volume of 2.495mn. <\/p>\n\n\n\n

It appears that some traders are ready to support PCOR whenever it touches 2.50, as seen in the previous three days, causing the RSI reposition itself–looking finally ready to leave the oversold region. <\/p>\n\n\n\n

Likewise, the MACD is now poised for a bullish crossover. <\/p>\n\n\n\n

That said, PCOR is likely to trade within a specific range in the next couple of days, with the lower band cemented at 2.50 and its resistance at 2.62. <\/p>\n\n\n\n

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

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

Trade the range.<\/p>\n\n\n\n

Support: 2.50.<\/p>\n\n\n\n

Resistance: 2.62 \/ 2.73.<\/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":"

PCOR’s trading volume in the past days have consistently surpassed its 20d average volume of 2.495mn.<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-322604","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\/322604","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=322604"}],"version-history":[{"count":2,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/322604\/revisions"}],"predecessor-version":[{"id":328901,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/322604\/revisions\/328901"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=322604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=322604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=322604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}