{"id":323520,"date":"2023-06-06T06:40:41","date_gmt":"2023-06-05T22:40:41","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=323520"},"modified":"2023-06-06T09:07:22","modified_gmt":"2023-06-06T01:07:22","slug":"technicals-talk-lt-group-inc-ltg-6-jun-2023-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-lt-group-inc-ltg-6-jun-2023-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: LT Group, Inc. (LTG) – 6 Jun 2023 by RCBC Securities"},"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>LTG<\/td><\/tr>
Company Name<\/strong><\/td>LT Group, Inc.<\/td><\/tr>
Broker<\/strong><\/td>RCBC Securities<\/td><\/tr>
Opinion Issued on<\/strong><\/td>6 Jun 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 9.40<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 10.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

LTG gapped down from its 9.90 support last May 25 and hit a low of 9.35. <\/p>\n\n\n\n

Despite the dividend-related drop, LTG was able to bounce back above the 9.40 support where the 200-day MA also lies, indicating that the counter is on a long-term uptrend. <\/p>\n\n\n\n

Currently, the gap is acting as resistance, and if filled may result in a retest of the next resistance at 10.00. <\/p>\n\n\n\n

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

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

Our recommendation is to buy as long as it holds above the 200-day MA and set a cut loss below the 8.90 support level.<\/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":"

LTG gapped down from its 9.90 support last May 25 and hit a low of 9.35. <\/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-323520","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\/323520","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=323520"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323520\/revisions"}],"predecessor-version":[{"id":323522,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323520\/revisions\/323522"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=323520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=323520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=323520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}