PSEi - gap up white candle


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PSEi = 3612.63 (2.3%)

PSEi formed a gap up white candle but significantly scanty volume.

Window dressing?

PSEi was able to move above both the 130 and 32MA :) I hope this will act as support levels.

I hope the rally or uptrend continues and test the aggressive supply line.

65MA will likely act as a level of resistance.

Recent gap up will act as level of support.

Expect pull back due to scanty volume.

Careful traders...
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