PSE Market Outlook (3 Dec 2024) by 2TradeAsia
Expectation build-up for a December rate cut from the Fed might support buy positions in local equities.
Expectation build-up for a December rate cut from the Fed might support buy positions in local equities.
PLUS closed with a green candle last Friday, with an intraday high of 21.90.
The PSEi failed to climb above the 200-day-MA and declined by 2.45% w/w to close at 6,613.85 (-166.28) amid heavy foreign selling.
Local investors will be on a wait-and-see mode, to check if supply pressures have softened, as several heed for prospective recovery rallies given the local bourseās recent weakness.
Hereās a commentary on an important issue or event affecting the stock market
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
SMPH continues to exhibit a bearish trend, trading below its 50-day, 100-day, and 200-day MAs.
FRUITās daily trend still continues to fall, recently trading at 0.70 levels.
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