Regina Capital Development CorporationCNVRG has finally broken the double digit resistance as shares are now trading at levels last seen four months ago.
The stock has experienced a sustained upward trend for over 5 consecutive days.
The PSEi closed at 6827.92, slightly below its intraday high of 6848.57, indicating some volatility during the trading day.
Our recommendation and 1-year Target Price for this stock is
Looking at the chart, the overextension of DMC’s rally does not seem to bother the bulls.
MER is on its sixth day of decline and is currently trading below its 50d and 100d MAs.
The PSEi concluded yesterday’s session with a -23.42pts decline to 6,623.01.
Our Target Price and recommendation for MWC is
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
MWC is presently having a substantial decline, indicating a strong presence of bearish sentiment as the bears seize control of the market.
ICT ended yesterday’s trading down -2.03% at 241.00 — snapping its 3-day ascent.
BLOOM’s recent price action shows an interesting technical picture as the stock moves in a steady upturn.
Gravestone doji spotted as the index snapped its 3-day winning streak.
Our Target Price and recommendation for this stock is
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