Philippine Market (PSE): Avoid
Current index levels has broken channel support. MACD is still far from crossing zero and RSI does not show much strength. Hence, I'm avoiding the Philippine market for now. Really need to look at other markets instead.
I have my eyes on DMC, as its chart looks good; however, based on some broker, it's already near its fair value.
Cryptocurrency (BTC, ADA)
Bitcoin is trying to breach outside the trading channel. I would probably buy on breakout.
Meanwhile, ADA shows some promise given the EMA cross and its price is right smack in the middle of the Bollinger bands. Hopefully would get some boost this week!
Not much interesting movements so far in general. Most are still waiting for further confirmation.
All charts via Investagrams
Posted Using INLEO
Sold my SCC and DMC holdings, still bearish but I bought those at even lower points in the downtrend so a gain is a gain~
I also have DMC and was looking to exit. But recently thinking if I add more. Depends on the coming days. hehe
Congrats on the gains!
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