PSE Market Outlook (10 May 2023) by Regina Capital Development Corp.
After a huge pullback coming from 6,700 yesterday, the index has formed a bullish doji and managed to stay above 6,600 levels.
After a huge pullback coming from 6,700 yesterday, the index has formed a bullish doji and managed to stay above 6,600 levels.
Our Target Price and recommendation for this stock is
Our Target Price and recommendation for this stock is
Our Target Price and recommendation for this stock is
ALI shares continue to go up after consolidating at 25-26 areas.
BDO has started to pullback and go up back again as volatility starts to stay at its highest levels.
The index continues to try to break above its resistance at 6,684. Support levels are at 6,621 and 6,440.
ALI shares have finally gone up after consolidating at 25-26 areas.
SM shares have risen strongly, closing now above all of its MAs.
The index continues to break above its previous resistance level with the index now finishing at 6,672 after a bullish run.
The index is trying to break above 6600 levels. Support levels are at
BLOOM had a huge gap up as investors speculate that the company will be included in the PSEI in its next rebalancing.
BDO shares continue to go up as it leads the banking sector.
The index is trying to break above 6,600 levels.
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