Technicals Talk: Manila Electric Company (MER) – 1 Mar 2024 by Regina Capital Development Corp.
MER has performed exceptionally well, rising by almost 5% in yesterday’s trade.
MER has performed exceptionally well, rising by almost 5% in yesterday’s trade.
URC already broke past its resistance, ending the trading day at 117.00.
AEV is currently on its 7th straight day of gains, rising to levels not seen since August 2023.
The local bourse ended the trading session in the greens, inching towards the 7,000 levels.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
BDO is on its 4th consecutive day of descent, with the MACD’s histograms expanding bearishly.
Shares have been falling for the past couple of weeks.
The local bourse ended the trading session down by -0.45% to 6,861.
The buying pressure of GTCAP does not seem to falter despite signs of being overbought as the stock reached another 52-wk high last week.
The uptrend for BLOOM still hasn’t faltered yet as the stock rose by +2.48% to 11.58 in yesterday’s trading day.
Shares have been consolidating within a range as the stock’s 50-d MA catches up with the share’s LTP.
The local bourse ended the trading session with a +0.08% uptick, reaching 6,903.15.
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