PSE Market Outlook (6 Feb 2023) by Regina Capital Development Corp.
Should the stocks rally in the following trading days, this could be a good time to
Should the stocks rally in the following trading days, this could be a good time to
Our recommendation and 1-year Target Price for this stock is
It continues to post higher lows overall, cementing its upward trend channel and boosting hopes for a positive mid-term outlook.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Note, however, that yesterday’s candlestick looks bearish.
Again, the index is still flirting with the overbought region, so we can’t consider this a correction just yet.
At this point, it looks like the index is consolidating already. We can’t rule out a
The local bourse managed a feat that took us all by surprise this week! It broke out of the crucial, psychological 7k resistance and was actually
At this point, the only thing that we need to be wary about is
As expected, the local bourse pulled back after once again teasing the 6,800.00 resistance—which further
Indicators are still slightly bullish, but the buying pressure is losing daylight.
BLOOM outperformed the index yesterday and pumped more than 5% on stronger-than-usual volume.
Although the price is still far from its levels pre-breakdown, it looks like TEL is on its way to
One thing that the index has going for itself is that the consolidation has managed to
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