Technicals Talk: San Miguel Food and Beverage, Inc. (FB) – 20 Jul 2023 by Regina Capital Development Corp.
FB’s stock price has been mostly on a downward trend since its bull run last December up to March.
FB’s stock price has been mostly on a downward trend since its bull run last December up to March.
Sessions might remain range-bound, as participants heed to 2Q23 corporate earnings.
Here’s a commentary on an important issue or event affecting the stock market
Price at range resistance levels.
Shooting star pattern.
Positive Momentum Indicator.
Previous resistance turned support.
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MONDE traded higher last Friday, gaining 1.48% to close at 8.93.
Recovering momentum on RSI.
Positive Momentum Indicator.
GLO is now regaining strength as it pushes above multiple resistances.
SM shares continue to trade sideways with RSI levels maintaining neutral levels at
JFC shares finished yesterday strongly, up +3.86%.
The index sharply rose, closing at 6,578 after starting the week at 6,300 levels.
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