{"id":323808,"date":"2023-06-26T06:12:00","date_gmt":"2023-06-25T22:12:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=323808"},"modified":"2023-06-26T16:31:01","modified_gmt":"2023-06-26T08:31:01","slug":"technicals-talk-international-container-terminal-services-inc-ict-26-jun-2023-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-international-container-terminal-services-inc-ict-26-jun-2023-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: International Container Terminal Services, Inc. (ICT) – 26 Jun 2023 by RCBC Securities"},"content":{"rendered":"
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Summary of Technical Analysis<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>ICT<\/td><\/tr>
Company Name<\/strong><\/td>International Container Terminal Services, Inc.<\/td><\/tr>
Broker<\/strong><\/td>RCBC Securities<\/td><\/tr>
Opinion Issued on<\/strong><\/td>26 Jun 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 195.00 \/ 180.00<\/td><\/tr>
Price Resistance<\/strong><\/td>None indicated<\/em><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

ICT formed a double-top pattern which is a bearish reversal pattern. It signifies a potential reversal of an uptrend to a downtrend. <\/p>\n\n\n\n

However, the pattern is considered incomplete as the price failed to decline below the neckline of the pattern and was able to find and establish support at its 200-day MA. <\/p>\n\n\n\n

MACD is sloping up but still below the zero line signaling an increasing momentum. <\/p>\n\n\n\n

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

Buy as long as its price holds above the 200-day MA and 195.00 support. Otherwise, the stock can revisit the 180.00 support level if it breaks below the 200-day MA. <\/p>\n\n\n\n

Sell on a break below the 200-day MA and consider buying back around the 180.00 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":"

ICT formed a double-top pattern which is a bearish reversal pattern. It signifies a <\/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-323808","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\/323808","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=323808"}],"version-history":[{"count":2,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323808\/revisions"}],"predecessor-version":[{"id":323817,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323808\/revisions\/323817"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=323808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=323808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=323808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}