Philippine Stock Market – Update on selected stocks 7/27/2018
AC, AEV, AGI, ALI, BDO, BEL, BLOOM, BPI, BRN, CEB, CLC, CLI, COSCO (APM), DD, DNL, FGEN, FOOD, GERI, IMI, ION, ISM, JFC, JGS, LPZ, LR, LTG (TDY), MAXS, MBT, MEG, MER, MPI, MRC, MWIDE, NOW, PGOLD, PXP
AC – up by 3.1% to close above Kijun Sen line but may have a hard time breaking the Kumo.
AEV – currently at resistance area but so far the stock is bullish.
AGI – sideways with bullish bias.
ALI – may continue to move up and challenge the resistance set by the Kumo around 44.x area.
BDO – may still continue to move up with headwinds starting at 140 per share.
BEL – sideways with bullish bias. Kijun Sen line moving across 3.57 per share may help pull the price up.
BLOOM – up by 12.2% week on week but the last two days of trading last week was faced with headwinds. Bulls are still in control though.
BPI – bulls are still in control and is heading towards 107 per share.
BRN – sideways with few spikes here and there. Got help from Kijun Sen line at 1.075 per share.
CEB – sideways movement with few spikes every now and then. We don’t see a reversal at this point. Resistance is at 75 per share.
CLC – still consolidating within its 7.00 – 8.12 range. As of this time it is moving near the support and looks like going towards the upper range. You can play within this range.
CLI – sideways within the 4.40 – 5.00 per share range. Currently hovering near support area.
COSCO – sideways with bearish bias. Could still go as low as 5.50 which rests at 127.2% Fibonacci Retracement level.
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Philippine Stock Market – Update on selected stocks 7/27/2018 | Philippine Stock Market