Technicals Talk: JG Summit Holdings, Inc. (JGS) – 17 Jan 2024 by Regina Capital Development Corp.
JGS sees a slight upward trend as shares have been rising in the past two months.
JGS sees a slight upward trend as shares have been rising in the past two months.
BLOOM resumes its decline after a brief breather yesterday.
AEV is currently in the process of forming a solid base.
WLCON has snapped its four-day losing streak, up by +1.35% to 22.50.
The index has closed in the red in yesterday’s trading, inching only a shy away into the 6,700 territory.
Settling with a gain of over +11%, AEV is back from the dead!
Opening 2024 with a bang, the index concluded the 1st trading day of the year in the green.
SCC continues to be traded at a discount to its historical price levels.
ALI shares continue its upward trend, rising to 34.40.
Today mark’s the final trading day of the year, with the PSEi closing the penultimate trading day of the year up by +0.87% to 6,519.
It appears that SM might be already at its peak as shares show signs of slight decline.
After three consecutive days of ascent, traders have started to profit-take on JFC.
The PSEI has sustained its upward momentum, demonstrating resilience with its fourth consecutive day in the green.
Our Target Price and recommendation for DNL is
BLOOM banked today’s trading session, leading the index members with a gain of +3.02% at 9.90.
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