Stock in Focus: Da Vinci Capital Holdings (DAVIN)

FacebookPinterestPrintEmailShare this!

Da Vinci Capital Holdings Incorporated (stock symbol: DAVIN) has declined on a slow but steady pace after peaking at 4.57 on June 16.

Have you subscribed yet? Get the PSE Index Mid-Year Analysis (MYA) and articles straight to your inbox! Subscribe here now. Don’t forget to LIKE us on Facebook!
Philippine Stock Exchange, Da Vinci Capital Holdings_DAVIN Daily chart, September 12, 2014

DAVIN Daily chart, September 12, 2014

Price action of DAVIN’s stock is indicating a possible near-term bounce just ahead of the 2.00 level. If DAVIN’s 2.00-2.50 area would hold in the near-term, bulls must back it up with a strong break of the 3.00 level to counter the (slow) bearish momentum that is building up.

RSI would pierce through the 50 level if price can climb in the coming days.

 

2 Comments

  1. Yes i want to receive your free newsletter.
    thank you.

  2. One of my team told me you’ve already subscribed to the free newsletter. Thanks, we hope you’ll enjoy it. Don’t forget to click the confirmation link. :)

Submit a Comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

X

Forgot Password?

Join Us