Technicals Talk: BDO Unibank (BDO) – 18 Oct 2024 by Regina Capital Development Corp.
BDO reflected a +0.31% intraday, with movement between 162.00 and 163.00.
BDO reflected a +0.31% intraday, with movement between 162.00 and 163.00.
TEL closed just above its 100-MA support level at 1,490.00.
GTCAP is continuing its sideways drift above the 50-MA, closing at -1.27% intraday.
The PSEI closed at 7,400.33, down -0.49%, exhibiting a sideways trend.
Similar trading pattern is seen, with local gauges touching intra-day highs and some investors seizing on this strength to profit-take.
Market participants might cheer BSP’s move to lower its benchmark rate by 25bps to 6%, supporting expectations for reduced borrowing costs for the remainder this year.
Our recommendation and 1-year Target Price 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
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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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!
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