House panel approves POGO ban
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
DMC’s share price has been trending up since the start of 2024 and gained 14% YTD.
Attention would be on the local central bank’s policy meeting, with consensus for a status quo.
CNVRG has finally broken the double digit resistance as shares are now trading at levels last seen four months ago.
The stock has experienced a sustained upward trend for over 5 consecutive days.
Potential inverse head and shoulder pattern.
The PSEi closed at 6827.92, slightly below its intraday high of 6848.57, indicating some volatility during the trading day.
Sentiment might glide to Wall Street’s weakness, on fears for possible slight uptick in domestic inflation for Feb.
DNL pulled back yesterday, down by 0.60%, to close at 6.66.
Participants will monitor continuity of yesterday’s trend, or for supply pressure to start coming out ahead of the Lunar break.
The PSEi surged by +2.13% w-o-w to close at 6,850.16, extending its winning streak for the third week.
Potential support at 20EMA trail.
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