Wednesday, April 5, 2017

Technical Analysis of Philippines Stock Exchange - PSEi Index - on 5 April 2017

It seems the Philippines stock market is ready for a bull run.

It was in a "Rectangle" from around Early Jan '17 till yesterday (4 April '17) when it broke out with Gaps on High Volume.

A re-test of ~7411 would be confirmation (but not necessary) - that the Index is ready to test recent High of 8118.

Let us see what happens . . . 



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