Technicals Talk: Jollibee Foods Corp. (JFC) – 22 Sep 2023 by Regina Capital Development Corp.
JFC still goes down even with prices touching support.
JFC still goes down even with prices touching support.
Momentum is still being flattish as RSI starts to consolidate indicating that the index may
Despite the current downfall, SCC manages to sustain prices at higher levels.
MONDE starts to consolidate at the highs with moving averages trying to turn
Moving averages are still bearish with the index nearing solid support at 6,000 levels.
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
BPI continues its uptrend as the stock holds above 100 levels.
The index closed lower at 6,208.40 as the index moved in a range.
MONDE is trying to go back above to previous levels and is closely nearing its resistance at 8.00.
The index closed lower at 6,183 with bears still selling on a range, ending the day back to nearly the month’s low.
SMPH is becoming more volatile as prices starts to go lower.
JFC starts to consolidate as prices touched support.
The index closed lower at 6,175 with bears still selling on a dead cat bounce, ending the day back to nearly the month’s low.
Our recommendation and 1-year Target Price for this stock is
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