Technicals Talk: Robinsons Land Corp. (RLC) – 13 Jun 2024 by Regina Capital Development Corp.
Seems like the bears are still in control over RLC, dragging the stock price to 15.20.
Seems like the bears are still in control over RLC, dragging the stock price to 15.20.
The PSEI is still clearly under the spell of the bears.
ICT closed on a positive note yesterday at 353.80.
SM is currently trading within the 807.51-853.12 range.
AEV closed with a modest increase yesterday within the 35.95-39.00 range.
The index has been consolidating around the 200-MA areas, as it closed yesterday on a positive note.
Our recommendation and 1-year Target Price for this stock is
ACEN closed on a red candle after reaching near resistance at 5.10.
SMPH is currently trading in a narrow range of 28 – 29.80.
Looking at the chart, WLCON’s price shows a strong upward momentum.
The PSEI rebounded and up by +0.80% to 6659.99.
Our recommendation and 1-year Target Price for this stock is
BLOOM is currently bullish, trading between 10.60-10.50.
ICT continued to create higher lows as the stock closed strong today with a gap up supported by strong volume.
The PSEi closed on a red candle after it was rejected at 6700 levels near 50MA and 100MA.
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