Stock in Focus: Megaworld Corp. (MEG) – 13 Mar 2023 by RCBC Securities
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 this stock is
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
The PSEI is now heading back towards its MA 100 support with MACD on a prolonged bearishness.
Local equities might be on weaker trail, as sentiment glides to Wall Street’s overnight drop (DJIA -1.66%, Nasdaq Comp. -2.05%).
Here’s a commentary on an important issue or event affecting the stock market
Local sessions might test higher planes, with macro headlines being factored into prices. The focus would be on
The PSEI opened this month with bulls being able to defend 6,600 levels! This could mean that
Market participants will weigh if sentiment would glide more to prospects for faster Fed rate hikes against tamer inflation results for February at home.
Focus will be on Friday’s inflation, and sequel measures that will be taken by the local central bank on its monetary policies.
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March starts with the bulls holding well in 6,600. MAs are still mixed with weak attempts to raise prices up above 6,600.
The PSEi closed below the 6,600 level earlier last week, forming a lower low.
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