Placement Alert – ALI

January 12, 2015 at 8:48 am Leave a comment

16B worth. Price 33
Expect price to test 33/near.

Comment
Ali’s top up placement at 33 may put some selling pressure to ALI today.
32.30 being the target of its weekly cup and handle previously is ALI’s
will be its strong hold. A break at that level may open to more
downside risk with gaps at 27.20 to 27.85 being a threat.

Strategy: let it settle within the week and assess risk.

Weekly Chart
aliweekly01092015

Daily Chart
alidaily01092015

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Entry filed under: Phisix's Closet (PSEi).

Reference Chart – PX Reference Chart – DNL

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