Technicals Talk: Jollibee Foods Corp. (JFC) – 2 May 2023 by RCBC Securities
JFC traded higher last Friday to close at 225.00, up by 2.74%.
Technicals Talk reports contain our partner brokers’ technical analyses of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used when doing short-term or day trading.
JFC traded higher last Friday to close at 225.00, up by 2.74%.
Recovering momentum on RSI and Stochastics.
Potential bounce at previous breakout levels.
BLOOM had a huge gap up as investors speculate that the company will be included in the PSEI in its next rebalancing.
BDO shares continue to go up as it leads the banking sector.
Symmetrical triangle pattern at range support.
Potential retest of breakout.
Inverse head and shoulder pattern.
Recovering momentum on RSI and Stochastics.
BDO has put up three consecutive rallies since last week, rising nearly 10% since last Wednesday.
MER’s share price rebounded by 8% after filling the gap last March 28 and formed a
Breakout of previous high.
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