Stock: BDO
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.

Recommendation

  • Reduce position.
  • Target Price: Test buy near 88.50 if bearish pattern manifests.
  • Stop loss level: if it falls below 103.00.

LEAVE A REPLY

Please enter your comment!
Please enter your name here