The Philippine Stock Exchange Index (PSEi) Bounces from 200 Moving Average - April 21, 2018

The Philippine Stock Exchange Index (PSEi) is being supported by the 200 Moving Average on weekly chart. It's also bounced near the Potential Reversal Zone (PRZ) of a Bullish Reciprocal ABCD.  Support levels are 7480, 7250 and 7050. Resistance levels are 7900, 8100 and 8300.