Bloomberry Resorts Corporation (BLOOM) appears to have made a breakout and has formed a higher high and a higher low in the span of three months. The moving averages are bullishly aligned with the 15 EMA and 20 SMA acting as support. The volume also supports a bullish outlook. MACD is bullish. RSI is also bullish but is nearing overbought levels. Support is estimated at 11.20 while resistance is expected at 11.90.

BLOOM - Intraday Chart - January 3, 2018

Price-Volume Distribution

Majority of the volume was recorded at price 11.36. Majority of the trades were recorded at the same level. Current price is at 11.38. This means that 11.36 is a significant level and may act as support intraday.

BLOOM - Price Volume Chart - Janaury 3, 2018

Cirtek Holdings Philippines Corp (TECH) has again made a new all-time high. The 15 EMA appears to be acting as support. The 20 SMA is poised for a bullish crossover with the 50 SMA. The volume also looks good and supports a bullish outlook. MACD is bullish. RSI is bullish but is at overbought levels.  Support is estimated at 46.00 while we do not have resistance sine stock is at all-time highs.

TECH - Intraday Chart - January 3, 2018

Price-Volume Distribution

Majority of the volume was recorded at price 49.70. Majority of the trades were recorded at the same level. Current price is at 49.85. This means that 49.70 is a significant level and may act as support intraday.

TECH - Price Volume Chart - Janaury 3, 2018

SM Investment Corporation (SM) also made a new all-time high. Its moving averages are bullishly aligned with the 15 EMA and 20 SMA acting as support. Volume supports a bullish outlook. MACD is also bullish. RSI is bullish but is at overbought levels. Support is estimated at 1005 while we do not have resistance since the stock is trading at new all-time highs.

SM - Intraday Chart - January 3, 2018

Price-Volume Distribution

Majority of the volume was recorded at price 1020. Majority of the trades were recorded at 1025. Current price is at 1032. This means that 1020 and 1025 are significant levels and may act as support intraday.

SM - Price Volume Chart - Janaury 3, 2018

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