ASIA (Chart: Daily Resistance: 13 Support: 10.25)
ASIA maybe forming a flag or a pennant. The pole is already formed; we just have to wait for the flag or pennant. Recommendation: Wait for 3 days to see if a flag or pennant forms
COL (Chart: Daily Resistance:6.2 Support: 5.6 )
COL may be forming a flag or pennant also. The pole has been formed and we just have to wait for the formation of the flag or pennant. Recommendation: Wait for 3 days to see if a flag or pennant is formed
APC (Chart: Daily Resistance: 0.47 Support: 0.40)
APC seem to have broken from a symmetrical triangle in the last minute. A possible upside of 0.58. Recommendation: Buy near support. Price may re-test support before moving upwards again.
UPM (Chart: Daily Resistance: 0.80 Support: 0.72)
UPM still has its symmetrical triangle intact. Possible upside of P1.00. Recommendation: Wait for the break out. At this point the price should bounce up. If not, this means a prolonged symmetrical triangle. This is also a candidate for range trading. Buy at support, sell at resistance. If price move further down, sell at 0.70
ASIA maybe forming a flag or a pennant. The pole is already formed; we just have to wait for the flag or pennant. Recommendation: Wait for 3 days to see if a flag or pennant forms
COL (Chart: Daily Resistance:6.2 Support: 5.6 )COL may be forming a flag or pennant also. The pole has been formed and we just have to wait for the formation of the flag or pennant. Recommendation: Wait for 3 days to see if a flag or pennant is formed
APC (Chart: Daily Resistance: 0.47 Support: 0.40)APC seem to have broken from a symmetrical triangle in the last minute. A possible upside of 0.58. Recommendation: Buy near support. Price may re-test support before moving upwards again.
UPM (Chart: Daily Resistance: 0.80 Support: 0.72)UPM still has its symmetrical triangle intact. Possible upside of P1.00. Recommendation: Wait for the break out. At this point the price should bounce up. If not, this means a prolonged symmetrical triangle. This is also a candidate for range trading. Buy at support, sell at resistance. If price move further down, sell at 0.70
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