Stock: DITO
Company: DITO CME Holdings Corp.
Support: 11.94 / 10.98
Resistance: 14.00


DITO hedged 1.16 points or +9.28% higher at 13.66 on yesterday’s close. This is, by far, the highest closing of DITO ever since its listing.

Mostly indicators present bullish sentiment towards the stock, with RSI inching closer to the overbought region. Nonetheless, only MACD remained bearish but might be bound for a bullish crossover within the week, if both buying pressure and momentum are sustained.

With marubozu formed, the uptrend might continue taunting the bulls to close the stock above its resistance at 14.

Recommendation

Take profits.

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