Stock in Focus: Philippine Seven Corp. (SEVN) – 21 Nov 2024 by Regina Capital Development Corp.
We maintain our Target Price and recommendation for DMC at
We maintain our Target Price and recommendation for DMC at
Our Target Price and recommendation for this stock is
We maintain our Target Price and recommendation for DMC at
BPI dropped by -1.50% intraday, still trading above all its MA.
ICT closed with a green candle, up by +2.82% intraday.
ALI’s rose +0.86% to 29.25, reflecting a sharp decline.
The PSEi rebound back to 6,800 mark, closing down +0.62% intraday, as market continues to recover from the the huge sell-off since last week.
SM dropped by -2.67% intraday, slipping below its 200-day MA.
SEVN closed at 73/sh up +0.62% intraday, with signs of consolidation around 70 levels.
BDO closed at 157, down by -1.88% intraday, below its 9-MA and 50-MA.
SMPH fell by -2.87% intraday to 27.10, trading below all of its MA, suggesting strong bearish pressure.
The chart shows mixed technical signals.
The index is now at its 5 consecutive red candle close as bears dominate the market.
The PSEi dipped below its 6,600 mark, closing down -2.34% intraday, as more investors continued withdrawals this week.
Our Target Price and recommendation for this stock is
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