EDC and CPG Technical Analysis (February 7, 2017)

I am expecting EDC to climb towards wave (B) with invalidation point of around P5.00. Bullish divergence is also visible on my RSI indicator.

You have to be very patient if you are planning to trade CPG. There is no clear sign yet that the corrective wave is already over.

Technically CPG is still ranging around ~0.50 to 0.80.

DISCLAIMER:

This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.