{"id":324179,"date":"2023-07-26T06:14:16","date_gmt":"2023-07-25T22:14:16","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=324179"},"modified":"2023-07-26T10:36:00","modified_gmt":"2023-07-26T02:36:00","slug":"technicals-talk-robinsons-land-corp-rlc-26-jul-2023-by-rcbc-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-robinsons-land-corp-rlc-26-jul-2023-by-rcbc-securities\/","title":{"rendered":"Technicals Talk: Robinsons Land Corp. (RLC) – 26 Jul 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>RLC<\/td><\/tr>
Company Name<\/strong><\/td>Robinsons Land Corp.<\/td><\/tr>
Broker<\/strong><\/td>RCBC Securities<\/td><\/tr>
Opinion Issued on<\/strong><\/td>26 Jul 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 14.68<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 15.20 \/ 16.50<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

RLC went up by more than 7% last week resulting in a breakout above its 50-day and 100-day EMAs and was able to close the gap made on May 26. <\/p>\n\n\n\n

Its price pulled back after hitting its 200-day EMA which also saw its RSI reaching an overbought level of 70. <\/p>\n\n\n\n

The stock is now back to trading below 15.00 with the gap now acting as immediate support at 14.68. <\/p>\n\n\n\n

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

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

Buy on a break above the 15.20 resistance where the 200-day EMA also lies. <\/p>\n\n\n\n

Take some profits around the next resistance at 16.50.<\/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":"

RLC went up by more than 7% last week resulting in a breakout above its 50-day and 100-day EMAs and was able to close the gap made on May 26. <\/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-324179","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\/324179","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=324179"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/324179\/revisions"}],"predecessor-version":[{"id":324182,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/324179\/revisions\/324182"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=324179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=324179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=324179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}