Thursday, May 22, 2014

Philippine Stock Exchange Index (PSEi) Update -May 22, 2014

Technical View
Daily Chart
> PSEI is up by 68.20 or 1.01%.
> It seems that PSEi found support at 25MA.
> Resistance is seen at Lower Median Line of Andrew's Pitchfork (Blue Dotted Line).

Relative Strenght Index (RSI) - Based on 30-Day Period
> RSI is currently at 59.18.
> The 61.8% Fibonacci Retracement is seems to be supporting the downside.
> Resistance at Hagopian Line. (Yellow Green Dotted Line)



















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