Technicals Talk: SM Investments Corp. (SM) – 25 Sep 2024 by Regina Capital Development Corp.
SM stocks are currently skyrocketing as the bulls push stocks up to the 990.00-1000.000 range.
SM stocks are currently skyrocketing as the bulls push stocks up to the 990.00-1000.000 range.
We’re pushing peaks as the index closed at 7432.21 (+0.24%) yesterday.
MEG surged above all moving averages last Friday, managing to reach 2.08 intraday and slowly approaching its 52wH of 2.10.
PGOLD is heading for another upturn!
As of the moment, SMPH is currently pursuing an upward climb, rallying above its 50-MA and reaching 33.15 intraday.
ICT closed with a red candle above its 50-MA, but lower than its 9-MA.
ALI has closed with green candles for the 3rd consecutive day this week, reaching 36.10 intraday and moving beyond its 50-MA.
The PSEI closed at the 7,200 level for the first time this week, and currently maintaining a steady upward climb.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
The stock is near its 9d MA, reflecting a pause in its recent uptrend.
Our Target Price for ICT is
Our Target Price and recommendation on CEB
AP stocks are currently in its consolidation phase as yesterday’s trading session closed at a resistance level on 36.06.
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