{"id":328318,"date":"2024-06-26T06:49:00","date_gmt":"2024-06-25T22:49:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=328318"},"modified":"2024-06-26T09:01:03","modified_gmt":"2024-06-26T01:01:03","slug":"technicals-talk-globe-telecom-inc-glo-26-jun-2024-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/technicals-talk-globe-telecom-inc-glo-26-jun-2024-by-regina-capital-development-corp\/","title":{"rendered":"Technicals Talk: Globe Telecom, Inc. (GLO) – 26 Jun 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>GLO<\/td><\/tr>
Company Name<\/strong><\/td>Globe Telecom, Inc.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>26 Jun 2024<\/td><\/tr>
Price Support<\/strong><\/td>PHP 1,909.28<\/td><\/tr>
Price Resistance<\/strong><\/td>PHP 2,016.28<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

GLO is trading within a range of 1931.12-2013.02, with an RSI of 59.44, indicating moderately strong momentum. <\/p>\n\n\n\n

The MACD has a negative crossover, suggesting potential bearish signals, while the -DI\/+DI shows a positive crossover, indicating possible bullish sentiment. <\/p>\n\n\n\n

Despite these conflicting indicators, the stock has been pulling back but demonstrates an ability to recover. <\/p>\n\n\n\n

Given these dynamics, both short-term and long-term traders are advised to sell on rallies, taking advantage of temporary upward movements to lock in gains, while remaining cautious of potential reversals. <\/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: 1,982.56.<\/p>\n\n\n\n

Support: 1,909.28.<\/p>\n\n\n\n

Resistance: 2,016.28.<\/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":"

GLO is trading within a range of 1931.12-2013.02, with an RSI of 59.44, indicating moderately strong momentum.<\/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-328318","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\/328318","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=328318"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328318\/revisions"}],"predecessor-version":[{"id":328321,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328318\/revisions\/328321"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=328318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=328318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=328318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}