Technicals Talk: Jollibee Foods Corp. (JFC) – 24 Jul 2023 by RCBC Securities
JFC traded up last week after it bounced from 235.30 or its 50-day EMA 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 traded up last week after it bounced from 235.30 or its 50-day EMA support.
FB’s stock price has been mostly on a downward trend since its bull run last December up to March.
Price at range resistance levels.
Shooting star pattern.
Positive Momentum Indicator.
Previous resistance turned support.
MONDE traded higher last Friday, gaining 1.48% to close at 8.93.
Recovering momentum on RSI.
Positive Momentum Indicator.
GLO is now regaining strength as it pushes above multiple resistances.
SM shares continue to trade sideways with RSI levels maintaining neutral levels at
JFC shares finished yesterday strongly, up +3.86%.
Recovering momentum on RSI.
Bullish crossover on Stochastics from oversold levels.
As the stock is trading sideways, investors should look to trade the range for
Just signup below for free: