PXP Energy Corporation (PXP) has broken down below the support at 14.96, which is on the same line as the 38.2 percent Fibonacci retracement. If PXP fails to stay above the 50 percent Fibonacci retracement at 13.68, it’s more likely to re-test the support range between 10.88 and 12.34. Here’s what we know.
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Megawide Construction Corporation (MWIDE) has set a new all-time high as it closed on 16 April 2018 at 22.40 per share, up by 4.19 percent. Its top 10 players were bullish today. Foreign investors support its bullish capital appreciation. Should MWIDE investors rake in profits now or wait until 24.20?
Primex Corporation (PRMX) has continued its ascent after it revealed my buy signal last 4 April 2018. A buy signal was spotted after the MACD closed above the signal line and the price closed above the 10-day Simple Moving Average (SMA) with conviction. Is PRMX bullish enough to break the resistance at 4.80?
The relatively low volume of Now Corporation (NOW) is not helping its share price inch up above the 61.8% Fibonacci retracement at 8.65. Although the price closed above the 10SMA last 11 April 2018, it failed to complete my buying signal since MACD did not cross above the signal line. Here are my sentiments on NOW.
Prime Orion Philippines (POPI) has just been wobbling in a sideways direction since it hit its all-time high of 4.10 last 26 February 2018. POPI has failed to continue its ascent due to a relatively low volume. Should you trade POPI near 3.38 or wait between 2.72 and 2.95?