Will it retest 41?
ALI went up by 1.6% to close at 40.30 per share. Notice that on its previous price movement, ALI bounce after touching the support slope. Looks like it is doing the same this time? If price will continue to move up then it will retest the resistance at 41.x
Ichimoku elements are telling us the ALI is still in a bullish trend. Support aside from the slope is the 39.85 Kijun Sen line.
Relative Strength Index or RSI is at 52
More from my site
Latest posts by felix (see all)
- Philippine Stock Market – Update on selected stocks 4/21/2017 - April 23, 2017
- Philippine Stock Market – Update on selected stocks 3/31/2017 - April 1, 2017
- Philippine Stock Market – Update on selected stocks 3/17/2017 - March 19, 2017