Showing posts with label BPI. Show all posts
Showing posts with label BPI. Show all posts

Wednesday, June 7, 2017

BPI price action analysis

Bank of the Philippine Islands

BPI's recent price action is trading near its immediate resistance area around 107 where it could potentially form a Triple Top pattern.

Trading Plan
- Avoid for now.
- If already in a position, take some profit or scale down position. Profit run the rest of the position with trailing-stop.