SHLPH support breakdown

Pilipinas Shell Petroleum Corporation

SHLPH is on a breakdown from major support. It's also on a breakdown from a Descending Triangle consolidation, a potential trend continuation pattern with a measured price target around 68.

*Immediate support area around 69~70.

See previous analysis for prior information on this major support and chart pattern including possible trading plan:
https://psetrends.blogspot.com/2017/04/shlph-at-major-support.html


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