Technicals Talk: Jollibee Foods Corp. (JFC) – 1 Sep 2023 by Regina Capital Development Corp.
JFC starts to consolidate as prices touched support.
Technicals Talk reports contain our partner brokers’ technical analyses of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used when doing short-term or day trading.
JFC starts to consolidate as prices touched support.
Bearish divergence on RSI.
Multiple bearish divergences on RSI.
Bullish divergence on RSI.
Entering bottom picking levels.
Price at 200EMA trail.
Flat 200EMA trail.
SM pulls back as the index falls down to its lowest bearish levels this year.
If natural price action still follows, we may see a
After reaching an all-time high at 151.40 last July 25, BDO’s share price pulled back by as much as 9% resulting in a
Strong 100EMA trail.
Inverse head and shoulder pattern.
Strong 100MA trail.
SCC remains a good pick as it displays market resilience among other names.
Potential bounce at 61.80% Fibonacci retracement levels.
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