Technicals Talk: BDO Unibank (BDO) – 27 Mar 2024 by Regina Capital Development Corp.
BDO briefly touched its support and 50-day MA (149.60) earlier today.
BDO briefly touched its support and 50-day MA (149.60) earlier today.
JFC shares continue to trade within a range, currently near its support.
The PSEi logged its third consecutive day of decline yesterday, causing the RSI to sink deeper into the bearish region.
The past month has seen the PSEi consistently trading with a range, unable to hold above the 7k threshold.
Presently, BLOOM has ended yesterday at its intraday high, closing at 11.40.
AC seems to have found its support as AC held a strong support at its 200-d MA of 647.00.
The PSEi saw a relatively strong market in yesterday’s trade, rising by +1.55% to 6963.22 at the end of trading.
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
Both JGS and its part URC saw strong declines in the past few days, pushing it below previous support levels.
URC is on its fourth consecutive day of decline, and after yesterday’s trading session saw the RSI drop deep into the oversold region.
The chart signals a clear breakout as the bulls dictate the stock’s momentum.
The PSEi finished relatively flat yesterday as the market saw mixed movement and high volatility among index members.
AEV is currently fluctuating within a range of 38.18 to 42.56.
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