{"id":323210,"date":"2023-05-17T06:14:16","date_gmt":"2023-05-16T22:14:16","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=323210"},"modified":"2023-05-17T09:19:57","modified_gmt":"2023-05-17T01:19:57","slug":"technicals-talk-robinsons-retail-holdings-inc-rrhi-17-may-2023-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-robinsons-retail-holdings-inc-rrhi-17-may-2023-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: Robinsons Retail Holdings, Inc. (RRHI) &#8211; 17 May 2023 by RCBC Securities"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"475\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/05\/Screen-Shot-2023-05-17-at-9.18.07-AM-1024x475.png\" alt=\"\" class=\"wp-image-323211\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/05\/Screen-Shot-2023-05-17-at-9.18.07-AM-1024x475.png 1024w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/05\/Screen-Shot-2023-05-17-at-9.18.07-AM-768x357.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/05\/Screen-Shot-2023-05-17-at-9.18.07-AM-1536x713.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/05\/Screen-Shot-2023-05-17-at-9.18.07-AM-2048x951.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Summary of Technical Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Stock Code<\/strong><\/td><td>RRHI<\/td><\/tr><tr><td><strong>Company Name<\/strong><\/td><td>Robinsons Retail Holdings, Inc.<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>RCBC Securities<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>17 May 2023<\/td><\/tr><tr><td><strong>Price Support<\/strong><\/td><td>PHP 52.50 \/ 52.00<\/td><\/tr><tr><td><strong>Price Resistance<\/strong><\/td><td>PHP 54.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>RRHI is currently on a downtrend channel since the start of the year and is tracking its 50-day EMA as its resistance. The stock closed at 52.50 yesterday, testing its 52.50-52.00 support area for the third time. <\/p>\n\n\n\n<p>RSI is currently nearing oversold condition at 37, while MACD still shows increasing negative momentum. <\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Our Partner Broker&#8217;s Recommendation<\/h2>\n\n\n\n<p>Buy as long as the support area holds, as it may bounce and trade near its 50-day EMA. <\/p>\n\n\n\n<p>Otherwise, the next support is at 51.50.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RRHI is currently on a downtrend channel since the start of the year and is tracking its 50-day EMA as its resistance.<\/p>\n","protected":false},"author":1685,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-323210","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\/323210","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\/1685"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=323210"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323210\/revisions"}],"predecessor-version":[{"id":323213,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323210\/revisions\/323213"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=323210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=323210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=323210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}