TEL has already lost P76bn in market cap, 22% down since the chart breakdown from 1,600, and 29% from its most recent high. RSI readings are extreme oversold. The sell-off emanates from news that it had overspent CAPEX by P42bn in the last 4 years since 2019. The company is undergoing a major management shake-up and had suspended its CFO among other officers. ...
Gil Morales is along Mark Minervini - one of my virtual teachers. Their methods are my go to methods when it comes to running analysis and performing trades. PHI has shown a 'buyable gap-up" where the stock moved higher on Dec 17th on increased volume and keeps above the gap level. The Stop Loss for such a setup would be locate an the bottom of gap bar (altough in...
Based on MACD histogram momentum and KDJ cross. Low point to buy.
YOU CAN SELL NOW IF U WANT, DUTERTE WILL LOCK DOWN THE PHILIPPINES NEXT WEEK OR SO.
We may get a breakout of the channel. RSI made a V style bounce on the 45 zone, MACD stays bullish above 0. If breakout is confirmed, we could buy at 25.9$ and sell when reaching the 29.10$ resistance with maybe some profit taking at the 27.10$ resistance.
PHI looks a nice fallen angel pattern. Technically it seems a Very good long opportunity. Trade Criteria Entry Target Criteria- Break of $28.33 Exit Target Criteria- $32 Stop Loss Criteria- $25.73 You can check detailed analysis on PHI in the trading room/ Executive summary link here- www.screencast.com (Available to subscribers) Time Span- 59:00" Trade...
Technical View Daily Chart > PHI completed a Bearish ABCD Harmonic Pattern. > False Breakout from Upper Median Line of Andrew's Pitchfork. > Support at 50% Fibonacci Retracement Level. Further support is seen at 61.8% Fibonacci Retracement Level and Median Line of Andrew's Pitchfork. > RSI is currently at 59.83 (Based on 30-Day Period). Support at...