Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Friday, June 24, 2016

Rizal Commercial Banking Corporation #RCB

RCB Daily Chart
NOTES:

  • Main trend: Bearish
  • Short term trend: Sideways
  • Buyer's area: 29
  • Seller's area: 34
  • Though this stock is non-trending, what we're anticipating for is a breakout from the 34 zone area. 
  • Minimum target is at 40.
  • Just wait for the volume spike.
  • Include it in your watchlist.

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