Stock: BPI
Company: Bank of the Philippine Islands
Support: 79.10 / 76.00
Resistance: 89.00 / 92.00


Able to exhibit a bullish pattern of morning star pattern rebounding from the lower band of its uptrend channel near the 61.8% fib level and retaining its momentum above RSI50.

With several indicators hinting a bounce play, this may extend its rally.

  • Bullish pattern
  • Rebound

Recommendation

Trading buy

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