Commentary: PHL’s 4th quarter GDP bad enough to be good?
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
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Participants will monitor if sentiment would glide to Wall Street’s latest retreat, after Fed chair Powell doused-off expectations for a rate cut in March.
After rising by as much as 13% in December 2023, AC has been trending down with its 100-D EMA acting as support.
MWC is presently having a substantial decline, indicating a strong presence of bearish sentiment as the bears seize control of the market.
Previous resistance is a potential support.
Another volatile session is seen, as participants take on feelers if sentiment would sway to Wall Street’s ascent, or for profit-taking to prevail.
Expect volatility in the coming sessions, with January’s month-end portfolio closing.
The PSEi surged by +2.81% w-o-w to end the week at 6,686.09.
BLOOM continued to trend upwards and closed higher yesterday at 11.40.
ICT ended yesterday’s trading down -2.03% at 241.00 — snapping its 3-day ascent.
BLOOM’s recent price action shows an interesting technical picture as the stock moves in a steady upturn.
Gravestone doji spotted as the index snapped its 3-day winning streak.
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