Technicals Talk: Jollibee Foods Corp. (JFC) – 27 Mar 2024 by Regina Capital Development Corp.
JFC shares continue to trade within a range, currently near its support.
JFC shares continue to trade within a range, currently near its support.
The PSEi logged its third consecutive day of decline yesterday, causing the RSI to sink deeper into the bearish region.
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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 recommendation and 1-year Target Price for this stock is
Positive Momentum Indicator.
Bull flag pattern.
Activity may stay range-bound in the absence of new leads, as most investors prepare for the Lenten pause.
The past month has seen the PSEi consistently trading with a range, unable to hold above the 7k threshold.
The benchmark index attempted to break above 6,900 and the 20-day moving average (MA) but this was not sustained at the end of the week.
20EMA trail support.
Presently, BLOOM has ended yesterday at its intraday high, closing at 11.40.
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