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PSEi( Chart: Daily Resistance: 3083 Support: 3000/2970)
The index plunged further on the first trading day for last week, but it was able to recoup its losses by Wed and Thurs. The index is unable to move further beyond the previous high which...
PSEi (Chart: Daily Resistance: 3070 Support: 2970)
The index brokeout from the monthlong sideways movement and it is accompanied by relatively larger value turnover. As of current, the index is overbought according to the RSI and the market reacted...
PSEi (Chart: Daily Resistance: 2970/3000 Support: 2905/2850)
The index is still on a sideways movement for the past two weeks and the break of the 3000 that I was expecting did not happen. As of current the index is moving within a small range of...
PSEi (Chart: Daily Resistance: Resistance: 3000/3092-3149 Support: 2915/2884)
The index bounced back from 2 consecutive days of selling. RSI did bounce from the 50 level, which means.the market is still generally bullish. Expect the continuation of...
PSEi (Chart: Daily Resistance: 3000/3100 Support: 2915/2884)
The index is still moving sideways and indicates a lot of indecision. Resistance at 3000 still holds and the resistance line from March 2009 still hasn’t been broken yet. For this...
