Liquidity has been swept.As spc continues to be stable. And there is continues need for electricity. This is bound to go higher atleast 10X.
The weird movement of money buying trillions of $ of foreign exchange where dollar went up so high. All we can really do is spme people took profit by selling spc.
Now we wait and buy. Hold and buy.
ACEN 6.55 | Key Levels for Buy Back energy politics and power
it takes 15 ++ years to recover capex
and with aggressive expansion
it looks like MARKET discounted the future revenue already
should stablize at key levels
for SECURiTIES under collateral
buy back at BRUTAL discount for Holders at the top should be
rewarding for patient player who missed the run up by Deutshe Bank from 0.79 cents
Bullish Hidden Divergence on PSE:AGI - Trend Continuation? I’ve identified a bullish hidden divergence on PSE:AGI. This signal suggests a potential continuation of the current uptrend despite the recent pullback.
Chart Analysis:
Price Action: The price has formed a higher low, indicating the strength of the uptrend.
Indicator: The Stochastic is showing a lower low, confirming the hidden divergence.
Support Levels: The price is currently holding above 9.00 support.
Volume: There is an increase in volume, supporting the potential for a trend continuation.
Trade Plan:
Entry: Consider entering a long position at the current price level or on a slight pullback.
Stop Loss: Place a stop loss below the recent low to manage risk at below 8.50.
Target: Aim for a target near the recent high or use a trailing stop to maximize potential gains at 13.75.
Additional Confirmation:
Look for bullish candlestick patterns such as a hammer or bullish engulfing to strengthen the signal. Monitor overall market conditions and any relevant news that might impact the ticker.
Spc remains a good buy for long as we enter mayAs electricity is a necessity in Philippines especially because the temperature is hot because summer, more people consume and there is high demand for spc electricity service.
May also spc will release dividends; hence spc is consistent; one of the good ones; and therefore worth holding or buying more.
40 sma weekly is also below the current price. So we have both technical and fundamental in check.
I definitely will be buying more this may.