Stock: ACEX
Company: ACE Enexor Inc.
Support: 20.50
Resistance: 24.40


We expect the stock to remain sideways between P20.50 support and P24.40 resistance in the short term.

Recommendation

We recommend trading the range and buying near P22.00 and P21.00 with an objective to sell at P24.40 and P26.95, place a mental stop if the stock closes below P20.50.

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