2GO – 2GO Group Inc- Free Analysis – September 8, 2017

2GO Group Inc (2GO) seems to be starting an uptrend. The stock is now above the 15 EMA and 20 SMA which are now acting as support for the stock. The 50 SMA, however, may act as resistance. There’s already a decent volume in the mid-session of trading. MACD appears turning bullish while RSI is bullish but not overbought. Support is estimated at 21.00 while resistance is expected at 23.28.

2GO - Daily Chart - Intraday - September 8, 2017

Price-Volume Distribution

Majority of the volume was recorded at price 21.55 intraday. Majority of the trades were recorded at 21.00. Current price is at 21.40.  This means that 21.55 is a significant level and may act as resistance while 21.00 may act as support intraday.

2GO - Price Volume Distribution - September 8, 2017

This intraday analysis is the free version of our premium Daily Stock Analysis service.  Our premium analysis has these components:

  1. Technical Analysis
  2. Fundamental Analysis
  3. Volume Analysis
  4. Foreign Fund Flow Analysis
  5. Online Foreign Brokers Transaction Analysis
  6. Top 10 Players Analysis
  7. Price-Volume Distribution Analysis
  8. Risk Level Analysis
  9. Analyst’s Overall Sentiment

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About the Author
The Stock Signals Philippines is the online news media arm of Equilyst Analytics. Inc., an SEC-registered stock market consultancy firm in the Philippines that guides Filipinos on long-term investing and short-term trading and offers mentoring services.

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