Technicals Talk: Philex Mining Corp. (PX) – 26 Feb 2025 by Regina Capital Development Corp.
PX continues its uptrend, having an intraday increase of +0.58%.
PX continues its uptrend, having an intraday increase of +0.58%.
RCR continues to hover above all key MAs, despite its intraday decline by -0.16% to 6.09.
PSEi continues sideways, wherein its intraday price slips by -0.52%, closing at 6,064.16, with stock remaining below all key MAs.
RLC closed last friday below all key moving averages, and down by -0.64%.
Investors will be weighing general response to the local central bankās surprise move to cut banksā reserve requirement by 200bps to 5%, versus Wall Streetās weaker trail Friday.
CNVRG declined by -3.56% intraday but continues to trade above its medium and long-term MAs.
MER remains on an uptrend but faced resistance at 508.00, leading to a -2.00% intraday pullback.
After recent attempts at recovery, the PSEI slipped by -0.87% intraday.
Range-bound session is seen, as participants monitor supply pressure on rallies.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
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