$PSE_DLY:ACEN

Updated
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
Beyond Technical Analysis

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