Stock is making higher high and higher low on Daily time frame however currently RSI Osc. showing a break for down trend. current correction is supposed to follow 5700 levels before it make a new impulse in primary trend of bulls.
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The Phillipines index has finished a corrective 3-wave intermediate pattern that retraced around 38% and reached the fourth wave level of two lower degrees, this could mean the end of this correction. It seems to be finishing wave B, if price crosses up 6,000, the probable target to the upside lyes around 7,300. If price crosses down 5,380 this analysis should be...