Technicals Talk: Jollibee Foods Corp. (JFC) – 4 Apr 2024 by RCBC Securities
JFC broke down from its support at 246.00 or its 200-day EMA and closed at 242.00.
JFC broke down from its support at 246.00 or its 200-day EMA and closed at 242.00.
Yesterday, MONDE breached the 11.00 resistance level and filled the gap made from March 2023, ending the session at its new 52-week high of 56 and gained 37% YTD.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for DNL is
Our recommendation and 1-year Target Price for this stock is
SCC moved up for two consecutive days after it bounced from a pullback to its short-term support at 33.50 last week.
After rallying by 12% in February, CHIB’s share price has pulled back and is currently consolidating for almost a month.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
JFC traded in a wide range yesterday, from 263.20 low, to yesterday’s close at 273.80, the high of the day.
Our Target Price and recommendation for this stock is
After several attempts since last month, DNL finally broke above the 200-D moving average (MA) last Friday, gaining 3.95% and formed a rounding bottom pattern which suggests that a trend reversal to the upside is highly likely.
Our recommendation and 1-year Target Price for this stock is
DMC’s share price has been trending up since the start of 2024 and gained 14% YTD.
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