Technicals Talk: Monde Nissin Corp. (MONDE) – 23 Jun 2023 by Regina Capital Development Corp.
MONDE has been going down after trying to go up as much as 8.50.
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
Our recommendation and 1-year Target Price for this stock is
Potential triple bottom.
The index closed at 6,461, rebounding from earlier losses in the trading session which saw the index fall below 6,400.
The stock could prove appealing to investors should JGS be able to hold at support.
MEG shares have been consolidating within a range, making for some good trades for investors looking to trade sideways.
The candlestick has been forming a doji formation indicating that there could be a bullish candlestick today.
Shares have been trading sideways in the last couple of trading days, performing below the 50-d MA.
As the stock closes into the oversold area, investors should see an opportunity to
The index traded lower in the daily timeframe, however on a longer timeframe, this appears to be on an upward trend.
Our recommendation and 1-year Target Price for this stock is
The index appears to have hold from its previous support levels and has started to rebound.
SM settles lower on its upward range giving investors a chance to
The index closed slightly higher at 6,520.44 settling near 6,500.
Just signup below for free: