Company: DITO CME Holdings Corp.
DITO eked out some gains on yesterday’s close. The stock eventually ended at P18.12, gaining +0.18 points (+1%), after seeing an all-time high of P18.38. Indicators’ bullishness towards DITO remains intact.
However, MACD’s histograms have started to get smaller, and RSI has been in the overbought region for an extended time already. The resistance that the bulls have to break through would be at P18.38, while support can be traced back at P17.44.
Sell on rallies.