PSE Market Outlook (11 Mar 2024) by 2TradeAsia
Eyes are set on possible move above the 7,000 zone, as investors check on continuity of Friday’s momentum.
Eyes are set on possible move above the 7,000 zone, as investors check on continuity of Friday’s momentum.
CNVRG’s 100d MA has finally thrown in the towel.
Ascending triangle pattern.
Inverse head and shoulder pattern breakout.
One of the most actively traded stocks, as of writing, is SMPH.
Despite the drop in AEV’s price, the indicators remain bullish towards the stock.
The PSEi dipped for the third consecutive day yesterday, settling at 6837.34, down by -0.60%.
Having softened below the 6,900 mark, participants would check on the likelihood for continued supply pressure at current levels versus fresh buying support.
Previous 50EMA trail resistance became support.
Uptrend Channel.
Our recommendation and 1-year Target Price for this stock is
Our Target Price for ICT is
Our Target Price and recommendation for DNL is
Our Target Price and recommendation for MWC is
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