PSE Market Outlook (18 Jul 2023) by 2TradeAsia
Market watchers will monitor the PSEi’s staying power above the 6,500 zone, as some are likely to
Market watchers will monitor the PSEi’s staying power above the 6,500 zone, as some are likely to
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%.
The index sharply rose, closing at 6,578 after starting the week at 6,300 levels.
Recovering momentum on RSI.
Bullish crossover on Stochastics from oversold levels.
Slower US CPI data may lend optimism for equities, reinforcing expectations on
Our Target Price and recommendation for DNL is
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
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