Stock in Focus: Holcim Philippines, Inc. (HLCM) – 29 Jan 2023 by Regina Capital Development Corp.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
Our stock picks for the week
Note, however, that yesterday’s candlestick looks bearish.
Participants might be on a wait-and-see mode following prior session’s performance, as most might seize on the latest strength to cash-out.
Continued momentum is seen, as the PSEi tests scoring near the 7,200 mark.
Again, the index is still flirting with the overbought region, so we can’t consider this a correction just yet.
The PSEi rallied for the fifth straight week complemented by strong volume and net foreign buying.
Movements might stay range-bound for now, pending clear catalysts from the Fed’s next move on its widely-tracked interest rate.
At this point, it looks like the index is consolidating already. We can’t rule out a
Activity might stay range-bound, as the market builds a sturdier base above the 7,000 zone.
Participants might get feelers on local gauges’ sequel ascent, especially with weak US retail sales & factory production data in December.
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