Stock in Focus: San Miguel Food & Beverage, Inc. (FB) – 4 Aug 2023 by Regina Capital Development Corp.
Our Target Price and recommendation for this stock remains at
Our Target Price and recommendation for this stock remains at
The PSEi closed at 6,593.80, with bulls trying to defend prices near 6,600 levels.
FB’s stock price has been mostly on a downward trend since its bull run last December up to March.
GLO is now regaining strength as it pushes above multiple resistances.
SM shares continue to trade sideways with RSI levels maintaining neutral levels at
JFC shares finished yesterday strongly, up +3.86%.
The index sharply rose, closing at 6,578 after starting the week at 6,300 levels.
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
As the stock is trading sideways, investors should look to trade the range for
ALI shares have rebounded following a downward trend which saw the stock peak at 25.50 two weeks ago.
The index closed at the lower end of its range after peaking at 6,430 and ending trading at just slightly below 6,400.
Our recommendation and 1-year Target Price for this stock is
MONDE has been going down after trying to go up as much as 8.50.
MACD indicates that there is still selling pressure for the market as MACD histograms
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