Technicals Talk: SM Investments Corp. (SM) – 28 Aug 2024 by Regina Capital Development Corp.
SM stocks are trading comfortably sideways along the bullish regions between 919.89-956.00.
SM stocks are trading comfortably sideways along the bullish regions between 919.89-956.00.
BDO stocks are consolidating within the 147.00-154.00 range.
Yesterday’s bull trading session closed SMPH stocks at a resistance level, trading within a range of 29.70-31.16.
The PSEi narrowly inched towards the 7000s level yesterday closing up +0.16% to 6,973.41 as investors started to rebalance ahead of the end-of-month closing.
Another range-bound session is seen, as buyers position on intra-day dips to position in select shares poised to finish stronger this year.
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!
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!
AP is showing a bullish reversal as it breaks above key MAs, signaling renewed upward momentum.
The PSEi rose by +1.67% w/w to close at 6,961.96 pts.
Participants are seen to give weight on Fed chair Powell’s statement last Friday, supporting expectations for policy easing measures.
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
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