sogilanon

$PSE_DLY:ACEN

Long
sogilanon Updated   
PSE:ACEN   ACEN CORPORATION
$PSE_DLY:ACEN will start its short rally and visit the resistance level.
Trade active:
we are in the trade averaging 6.05
although we are very cautious without accumulated volume as we see resistance around the 7.60 area with oversold RSI and swing readings these stocks might need a correction soon.
let's hope to be correct this time...
INITIAL TP at 9.00 pesos with trail stop at 6.68
Trade closed: stop reached:
cutloss as it looks like it will go down futher to the arrow
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.