Showing posts with label TEL. Show all posts
Showing posts with label TEL. Show all posts
Wednesday, December 12, 2018
PLDT Inc., (TEL) - ABC Correction : Forecast 560 Level
It's seems that Pldt Inc. (TEL) is currently making the corrective ABC correction of Elliot Wave forecasted to end at 560 level in confluence with the Potential Reversal Zone (PRZ ) of a Bullish Shark Harmonic Pattern.
Tuesday, March 6, 2018
TEL Downtrend Channel - March 6, 2018
PLDT, Inc., (TEL) once again rejected by the Upper Trend Line Resistance of the Downtrend Channel. Resistance levels are at 1602 and 1802. Support levels are at 1802 and 1406.
Sunday, April 27, 2014
PHIL. LONG DISTANCE TEL. CO. (TEL) Update - April 27, 2014
Technical View
Daily Chart
> The Potential Bearish Crab Harmonic Pattern that we identified HERE is not yet completed.
> TEL found Resistance at 141.4% Fibonacci Extension and Median Line of Andrew's Pitchfork.
> The 88.6% Fibonacci Retracement Level (PRZ of a Bearish Bat), 200MA and Lower Median Line of Andrew's Pitchfork seems to be supporting the downside. Furthermore support is noted at 61.8% Fibonacci Retracement Level.
> The last Candlestick was a Morning Doji Star which is a Bullish Reversal Candlestick Pattern but we still need a confirmation on Monday.
> First GAP was already filled but there is still another GAP around 2760-2770.
> RSI is currently at 56 (Based on 30-Day Period). Resistance is at 64 and Support at 50.
#Caveat
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
Daily Chart
> The Potential Bearish Crab Harmonic Pattern that we identified HERE is not yet completed.
> TEL found Resistance at 141.4% Fibonacci Extension and Median Line of Andrew's Pitchfork.
> The 88.6% Fibonacci Retracement Level (PRZ of a Bearish Bat), 200MA and Lower Median Line of Andrew's Pitchfork seems to be supporting the downside. Furthermore support is noted at 61.8% Fibonacci Retracement Level.
> The last Candlestick was a Morning Doji Star which is a Bullish Reversal Candlestick Pattern but we still need a confirmation on Monday.
> First GAP was already filled but there is still another GAP around 2760-2770.
> RSI is currently at 56 (Based on 30-Day Period). Resistance is at 64 and Support at 50.
#Caveat
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
Saturday, April 19, 2014
PHIL. LONG DISTANCE TEL. CO. (TEL) Update - April 19, 2014
Technical View
Daily Chart
>TEL completed the Bearish Bat Harmonic Pattern that was identified Here. Lets see in the coming days if the PRZ will be respected or it will follow the Potential Bearish Crab Harmonic Pattern that is forming with Potential Reversal Zone (PRZ) at 2932.
>Check also the GAP (This will be Filled in the future)
>Support at 78.6% Fibonacci Retracement Level.
>Resistance at 88.6% Fibonacci Retracement Level and 200MA.
>RSI is currently at 56.98 (Based on 30-Day Period). Resistance at 60 and Support at 50.
#Caveat
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
Daily Chart
>TEL completed the Bearish Bat Harmonic Pattern that was identified Here. Lets see in the coming days if the PRZ will be respected or it will follow the Potential Bearish Crab Harmonic Pattern that is forming with Potential Reversal Zone (PRZ) at 2932.
>Check also the GAP (This will be Filled in the future)
>Support at 78.6% Fibonacci Retracement Level.
>Resistance at 88.6% Fibonacci Retracement Level and 200MA.
>RSI is currently at 56.98 (Based on 30-Day Period). Resistance at 60 and Support at 50.
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
Tuesday, April 15, 2014
PHIL. LONG DISTANCE TEL. CO. (TEL) - April 15, 2014
Technical View
Daily Chart
>Looks like TEL is forming a Potential Bearish Bat Harmonic Pattern with a Potential Reversal Zone (PRZ) at 2806.
>The 50% Fibonacci Retracement is acting as support and the 61.8% Fibonacci Retracement together with the Andrew's Pitchfork Lower Median Line is serving as resistance.
>There is a Median Line Trading Principle by Alan Andrew that if the price does not reach the Median Line, the price moves in the opposite direction more than the previous swing size.(Let's observe this principle)
>RSI is currently at 53.21 (Based on 30-Day Period). Resistance at 65 and Support at 50.
#Caveat
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
Daily Chart
>Looks like TEL is forming a Potential Bearish Bat Harmonic Pattern with a Potential Reversal Zone (PRZ) at 2806.
>The 50% Fibonacci Retracement is acting as support and the 61.8% Fibonacci Retracement together with the Andrew's Pitchfork Lower Median Line is serving as resistance.
>There is a Median Line Trading Principle by Alan Andrew that if the price does not reach the Median Line, the price moves in the opposite direction more than the previous swing size.(Let's observe this principle)
>RSI is currently at 53.21 (Based on 30-Day Period). Resistance at 65 and Support at 50.
#Caveat
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
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