PSE Ticker

Monday, March 24, 2014

MARC on resistance at 4.22

Today MARC hit the resistance at exactly 4.22 with a bearish candlestick. This means that it has a higher probability to reverse on the next day. Observe the RSI is currently 77 which is overbought. If MARC will reverse, the immediate support will be 3.86. Even though MARC has a bearish candlestick, overall trend is still "green".


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