Comparing the two TELCO
TEL
Showing some sign of reversal using the CCI direction with my own parameter.
Today its gives the holder of 2% gain but not enough if you just bought it pero BLUE CHIP kasi.
The Candle is bullish harami kung tama ako.
Iam thinking that if bull friday continue on the next trading then we might see another 2-3% price appreciation or maybe even more.
Kung mahilig sa blue chip pwedi na cguro bumili next trading days, just bid sa below the current price.
GLO
Upon observation of the movement of CCI direction it shows a sideways movement on on bearish zone of the CCI at -136 level, slightly slanting up.
If balak mo bilhin ito isip muna kasi baka bumababa pa, mukhang naghahanap pa ng bottom.
Kung titingnan natin for the past CCI halos 2 beses paa lang umabot above 100 ang CCI ng GLO.
Halos puro techincal bounce lang ang nangyayari sa CCI nya.
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