PSE Market Outlook (24 May 2024) by Regina Capital Development Corp.
The PSEI rebounded and up by +0.80% to 6659.99.
The PSEI rebounded and up by +0.80% to 6659.99.
Our recommendation and 1-year Target Price for this stock is
BLOOM is currently bullish, trading between 10.60-10.50.
ICT continued to create higher lows as the stock closed strong today with a gap up supported by strong volume.
The PSEi closed on a red candle after it was rejected at 6700 levels near 50MA and 100MA.
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
AP is currently consolidating within a narrow range of 35.45-36.00 trading below all moving averages.
ALI is currently moving sideways with an upward bias as buying volume was significantly strong for the past trading days.
JFC stock price is currently moving sideways in the range of 218.40-240 which reflects indecision in the market.
The local bourse closed positive at 6628.20 after a sell-down the other day.
GLO is currently moving sideways with a strong upward bias as it closed above its immediate resistance at
MWC is on an uptrend and continues to create a new 52wk high.
The local bourse closed higher at 6608.36.
ICT continued its uptrend movement as it managed to close above its new support of P350 after it pulled back yesterday.
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