PSE Market Outlook (5 Jun 2023) by Regina Capital Development Corp.
The index closed slightly higher at 6,520.44 settling near 6,500.
The index closed slightly higher at 6,520.44 settling near 6,500.
ICT closed at 201.00, slightly below the 200-day EMA but still up by 3.08%.
We suggest investors hold until the stock becomes oversold.
URC shares fell on yesterday’s bearish market, closing the day down by -3.31%.
Breakout above 200EMA.
Multiple bullish hammers at previous gap levels.
The index closed at 6,510.67, down -1.25% and is performing below its 50-d MA.
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
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