Technicals Talk: Jollibee Foods Corp. (JFC) – 16 Aug 2024 by Regina Capital Development Corp.
JFC is currently seeing a breakout with stocks reaching the 240s zone, possibly nearing overbought conditions.
JFC is currently seeing a breakout with stocks reaching the 240s zone, possibly nearing overbought conditions.
The PSEi closed just below the 6700s levels at 6692.91 (-0.18%).
Our Target Price and recommendation for this stock remains at
Our recommendation and 1-year Target Price for this stock is
FLI is currently trading under all its key moving averages, showing it’s struggling to gain any upward traction.
PGOLD stocks are currently on resistance levels and yesterday’s trading session closed with a pullback with a bullish hammer.
AP stocks are seeing better upwards movement breaching its 50-MA low.
After several months of sideways trading, FB recently broke above its previously established resistance and rallied above its 50-MA, closing at 47.75 yesterday.
SCC stocks saw a huge dip, now trading sideways along its 200-MA support, price ranging between 31.75-32.32.
The index closed on a high note yesterday, going up 56 bps to 6650.44, trading within a range of 6590.50-6758.28.
Our recommendation and 1-year Target Price for this stock is
PCOR’s trading volume in the past days have consistently surpassed its 20d average volume of 2.495mn.
ACEN is currently trading above all MAs, continuing its 3-day win streak.
GLO is currently trading above its 50-MA line, closing with a red candle after two consecutive days of green ones.
Ascending rapidly! TEL is currently near is 52-wk high as the bulls remained to take the wheel.
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