{"id":327014,"date":"2024-03-06T06:06:18","date_gmt":"2024-03-05T22:06:18","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=327014"},"modified":"2024-03-06T09:11:46","modified_gmt":"2024-03-06T01:11:46","slug":"technicals-talk-wilcon-depot-inc-wlcon-6-mar-2024-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-wilcon-depot-inc-wlcon-6-mar-2024-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Wilcon Depot, Inc. (WLCON) – 6 Mar 2024 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>WLCON<\/td><\/tr>
Company Name<\/strong><\/td>Wilcon Depot, Inc.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>6 Mar 2024<\/td><\/tr>
Price Support<\/strong><\/td>PHP 21.50<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 22.30<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

WLCON bounced off its 100-day moving average and support at 21.46 as of writing. It appears that the long-awaited trend reversal is already within our reach. <\/p>\n\n\n\n

The indicators show decreasing bearishness towards the stock, with MACD histograms declining. On the other hand, the shift in market sentiment is reflected in the RSI, which is now sharply pointing north. <\/p>\n\n\n\n

Investors may consider acquiring WLCON while the stock is still close to its aforementioned support. <\/p>\n\n\n\n

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

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

Buy when support holds.<\/p>\n\n\n\n

Weekly target: 22.00.<\/p>\n\n\n\n

Support: 21.50.<\/p>\n\n\n\n

Resistance: 22.30.<\/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":"

WLCON bounced off its 100-day moving average and support at 21.46 as of writing.<\/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-327014","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\/327014","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=327014"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/327014\/revisions"}],"predecessor-version":[{"id":327019,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/327014\/revisions\/327019"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=327014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=327014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=327014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}