PSE Market Outlook (14 Jun 2023) by Regina Capital Development Corp.
The candlestick has been forming a doji formation indicating that there could be a bullish candlestick today.
Regina Capital Development CorporationThe candlestick has been forming a doji formation indicating that there could be a bullish candlestick today.
Shares have been trading sideways in the last couple of trading days, performing below the 50-d MA.
As the stock closes into the oversold area, investors should see an opportunity to
The index traded lower in the daily timeframe, however on a longer timeframe, this appears to be on an upward trend.
Our recommendation and 1-year Target Price for this stock is
The index appears to have hold from its previous support levels and has started to rebound.
SM settles lower on its upward range giving investors a chance to
The index closed slightly higher at 6,520.44 settling near 6,500.
URC shares fell on yesterday’s bearish market, closing the day down by -3.31%.
We suggest investors hold until the stock becomes oversold.
The index closed at 6,510.67, down -1.25% and is performing below its 50-d MA.
Our recommendation and 1-year Target Price for this stock is
AC shares are on an upward trend, trading above all of its MAs.
The index continues to move in a range as prices fall back to 6,560.
Our recommendation and 1-year Target Price for this stock is
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