PSE Ticker

Sunday, March 2, 2014

ROX to encounter spike this week?

Based on the daily chart last week, ROX closed with a doji candlestick and got support from the blue line (6.18). Remember that this stock has a resistance at 6.27 as you can see on the 23.6% fibo line of the daily chart below. If a reversal will be confirmed tomorrow we got a bigger chance to break that resistance and may hit 7.50.

Good luck!


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