Sunday, April 20, 2014

Philippine Stock Exchange Index (PSEi) -April 20, 2014

Technical View
Daily Chart
>Looks like PSEi is forming a Possible Bearish Shark Harmonic Pattern with Potential Reversal Zone (PRZ) at 6704.
>Spotted Bearish Divergence on Daily Chart
>Support at 100% Fibonacci Retracement Level.
>Resistance at Median Line of Andrew's Pitchfork and 113% Fibonacci Retracement Level.
>RSI is 61.92 (Based on 30-Day Period.


















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