The reason I say this is that I believe base on the price action of globe it is time to pass the old money to the new money. It's clear that the price is currently exhausted if you check the Rsi it's showing a huge bearish divergence. But wave 3 can still double or triple but for now my view it needs a retracement. And it's time for new Gens
Price at 1719 PHP might still consider going down around 1668 or continue the possible move of price upwards. It it breaks the 3 hour supply then I guess we can consider a possible long term buy for the stock.
