{"id":323232,"date":"2023-05-22T06:18:06","date_gmt":"2023-05-21T22:18:06","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=323232"},"modified":"2023-05-22T08:48:58","modified_gmt":"2023-05-22T00:48:58","slug":"technicals-talk-axelum-resources-corp-axlm-22-may-2023-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-axelum-resources-corp-axlm-22-may-2023-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: Axelum Resources Corp. (AXLM) – 22 May 2023 by RCBC Securities"},"content":{"rendered":"
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Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>AXLM<\/td><\/tr>
Company Name<\/strong><\/td>Axelum Resources Corp.<\/td><\/tr>
Broker<\/strong><\/td>RCBC Securities<\/td><\/tr>
Opinion Issued on<\/strong><\/td>22 May 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 2.50<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 2.70<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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AXLM traded higher last week and closed at 2.60, up 11.11% from its bottom at 2.34. <\/p>\n\n\n\n

The stock broke out of its 50-day EMA last Friday but failed to maintain its momentum and closed right at the EMA. <\/p>\n\n\n\n

RSI is heading upwards, while MACD shows increasing positive momentum giving a bullish signal for the stock. <\/p>\n\n\n\n

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

Buy as long as 2.50 support holds as AXLM looks to trade higher to its next resistance at 2.70 and its 100 and 200-day EMAs.<\/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":"

AXLM traded higher last week and closed at 2.60, up 11.11% from its bottom at 2.34. <\/p>\n","protected":false},"author":1685,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-323232","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\/323232","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=323232"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323232\/revisions"}],"predecessor-version":[{"id":323234,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323232\/revisions\/323234"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=323232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=323232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=323232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}