Citiseconline, one of the biggest online stock brokerage company in the Philippines, has its stock chart forming a bullish pattern. We can see a potential symmetrical triangle formation (indicated by the red diagonal lines) in the picture shown. Once the price closes above the resistance line (topmost red diagonal line) with heavy volume, 12.5 is easily achievable. Click image to enlarge!
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Would you mind doing one for Meralco, PLDT and SMC as well? It would be great to offer small investors a technical opinion on those. And if you're cool with a link exchange, that'll be great too.
Look me up…
"Investing in the Philippine Stock Market 2.0"
Not at all. I'll work on the Meralco, PLDT and San Miguel technicals over the weekend as for your request. You got an interesting blog there, keep it up! Cheers.