Technicals Talk: GT Capital Holdings (GTCAP) – 19 Apr 2024 by RCBC Securities
Following the formation of a double top pattern, GTCAP’s share price has sustained a continued decline, experiencing a loss of as much as 19% from its peak.
Following the formation of a double top pattern, GTCAP’s share price has sustained a continued decline, experiencing a loss of as much as 19% from its peak.
Yesterday, the local stock market staged a notable recovery, surpassing the 6500 level for the second consecutive day.
Local equities may continue to reinforce its strength, given the latest trend.
Market participants will monitor continuity of the local bourseās recent recovery, possibly back to 6,500.
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Our Target Price and recommendation for this stock is
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Our recommendation and 1-year Target Price for this stock is
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