Sunday, January 29, 2017

ALI January 27, 2017 Confirmation of Reversal?

ALI  P35.35

COL fair value (Jan 3, 2017) - P39.14

- should the support of MA20 holds next week, then an upward trend confirmation, after the recent HL should propel the price up beyond the fibo 50% and probably all the way back to fibo 100% at P42 area.

- blue MA line value is 100, representing the MA20 weekly
- blue arrows at the charts signify the cross of Price over/below the MA250 (50MA Play)





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