As of feb 10, 2023 Phil Stock Exchange Sale!Sale!Sale!
Public Sector Enterprise has seen a Bearish Harmonic Deep Crab Reversal. Currently near a support, if this fails to hold here @ 4270. If this fails to hold then the next major support for the sector is near 4100. Short covering would trigger above 4325. This was one of the strongest sectors since MARCH revival with Govt plans to Divest stake in several of them,...
This has been my fav stock in the PSU banks space. Chart looks great on both Weekly and Daily charts. At a very critical stage right now and at resistance zone. Nice strong candle for closing and firmly up at the resistance zone, but RSI on both Weekly and Daily charts bullish and no where near overbought zones. 200 daily MA below should be strong support and...
$PSE about to DUMP!!! only if, that monthly H&S will materialize this chart is exactly looks like the $BTC.D before the ALTSEASON last december 2020
IOC looks too good for long-term forming ABCDPATTERN Target could be 220 add more at 75 stoploss will be 70 From funda side IOC is the second biggest player( if I'm not wrong) in ethanol production and allocated some funds for expanding it . And govt is taking initiatives for producing Ethanol as an alternative to gasoline .so IOC could benefit from it .
Looking at the weekly timeframe, the price is now above the 20-50-200 EMAs indicating a strong uptrend. My stop loss would be 3.82. I'll take my profits at 5.48, 6.00 and 6.83. Good luck!
Despite 2Q missed earnings and the Php1Bil fine for non-compliance with banking laws , I'll take my chances on RCB. On a technical note, the MACD coming from a buy crossover, is now above the zero-line which indicates a stronger buy signal. Also, the YTD support at around 29.50 is looking strong. I'll have my stop at 28.75 (YTD low). Good luck!