Technical Analysis BDO

Stock: BDO
Company: BDO Unibank Inc.
Support: 107.80 / 105.50
Resistance: 113.50 / 115.40

BDO broke out of the resistance at P107.80 to close at P110.30.

Recommendation

We recommend buying on dips near P107.80 and P105.50 support zones with a target of P113.50 and P115.40, place a mental stop to cut losses if the stock closes below P102.00.

Material in this article is obtained from sources we believe to be reliable, but its reliability or precision cannot be guaranteed. This is for the sole purpose of providing details and does not provide an offer from us to buy or sell securities mentioned in this document.

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