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

Thursday, April 26, 2018

Bank of the Philippine Islands #BPI 2018 #ChartAnalysis

As of Aug 13 2018
  • Daily Chart: moving sideways.
  • Price must break resistance at 101 and should stay above 100MA.
  • 21MA & 50MA bullish crossover, wait for the breakout to confirm bullish reversal.


BPI MONTHLY CHART

  • Monthly chart: If price breaks the 50MA, watch support level near 78% fib level at PHP90.36. 
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