Company: BDO Unibank Inc.
Support: 103.00 / 88.50
Resistance: None indicated
- Potential formation of bearish HnS pattern, downside risk could be as low as 88.50.
- Momentum downward trajectory.
- Volume deteriorates.
- Reduce position.
- Target Price: Test buy near 88.50 if bearish pattern manifests.
- Stop loss level: if it falls below 103.00.