Regina Capital Development Corporation

Peeking at the indicators, the RSI is pointing downwards, while the MACD sustained its

Should the stocks rally in the following trading days, this could be a good time to

Based on its price action, the PSEI could easily visit the 6,700 level again amid the lack of buying pressure.

Investors might want to wait a little further before reentering when the index already stabilizes.

Should the stocks rally in the following trading days, this could be a good time to

It continues to post higher lows overall, cementing its upward trend channel and boosting hopes for a positive mid-term outlook.

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