{"id":325887,"date":"2023-12-01T06:49:50","date_gmt":"2023-11-30T22:49:50","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=325887"},"modified":"2023-12-01T10:23:14","modified_gmt":"2023-12-01T02:23:14","slug":"technicals-talk-aboitiz-power-corp-ap-1-dec-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-aboitiz-power-corp-ap-1-dec-2023-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Aboitiz Power Corp. (AP) – 1 Dec 2023 by Regina Capital Development Corp."},"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>AP<\/td><\/tr>
Company Name<\/strong><\/td>Aboitiz Power Corp.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>1 Dec 2023<\/td><\/tr>
Price Support<\/strong><\/td>PHP 36.50 \/ 35.30<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 38.90<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

AP seems to be acting like a contrarian of the index, as the former is up by +1.08% while the latter is bleeding. <\/p>\n\n\n\n

Based on the indicators, AP may be able to retest its resistance of 38.40 soon. Note that the MACD is just starting to exhibit an increase in bullishness. On the other hand, the RSI is steadily increasing but remains to be far from reaching the overbought region. <\/p>\n\n\n\n

However, since the stock has been on the rise for three consecutive days already, it’s not going to be unlikely to see some profit-takers to come out and play. <\/p>\n\n\n\n

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

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

Sell on rallies.<\/p>\n\n\n\n

Weekly target: 38.00.<\/p>\n\n\n\n

Support: 36.50 \/ 35.30.<\/p>\n\n\n\n

Resistance: 38.90.<\/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":"

AP seems to be acting like a contrarian of the index, as the former is up by +1.08% while the latter is bleeding. <\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-325887","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\/325887","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\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=325887"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/325887\/revisions"}],"predecessor-version":[{"id":325890,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/325887\/revisions\/325890"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=325887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=325887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=325887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}