PSE Ticker

Monday, June 23, 2014

EMP to break the 12 resistance?

EMP - bounce from the 23.6% Fibonacci support. Inverted hammer was formed after that and was confirmed on the next day via solid green candlestick.

Volume is gradually increasing.

Current resistance is 12 and the newly found support is 11.76.

RSI or Relative Strength Index is  53.

Caveat!


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