Trading Signal: GLO (June 22)

Starting today, I will feature stock that is in OVERSOLD zone base on my customized indicators. Please understand that the Trading Signal presented herein is for educational purposes only and should NEVER BE TAKEN as a RECOMMENDATION to BUY, HOLD, or SELL.

Below is the daily chart of GLO as of June 22, 2015.

GLO 0622
General Observation:

  • GLO is in oversold zone while the first indicator is starting to reverse its trend
  • GLO price is currently touching the maL20 (previous trends shows reversal follows)
  • Resistance levels are at PHP 2720 and PHP 2800.
  • Support levels are at PHP 2590 and PHP 2550.

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