Stock Picks for the week (July 22-26, 2024) by First Metro Securities
Our stock picks for the week
Technicals Talk: Metropolitan Bank and Trust Company (MBT) – 22 Jul 2024 by Regina Capital Development Corp.
MBT closed on the 70.00 flat mark last Friday, on a happy note breaching previous resistance levels.
PSE Market Outlook (22 Jul 2024) by Regina Capital Development Corp.
The index performed incredibly bullish last week closing on a rally-high at 6791.69, nearing the 6800s territory.
PSE Market Outlook (22 Jul 2024) by First Metro Securities
The PSEi surged by +2.16% w/w to close at 6,791.69pts.
Technicals Talk: Bank of the Philippines Islands (BPI) – 19 Jul 2024 by Regina Capital Development Corp.
BPI is currently trading within the range of 123-127, and rallying above all moving averages.
PSE Market Outlook (19 Jul 2024) by Regina Capital Development Corp.
The PSEi closed at 6705.01 yesterday (+0.26%) within the range of 6610-6730, with all indicators showing signs of bullishness, and the index trading above all MA-s.
Technicals Talk: SM Prime Holdings, Inc. (SMPH) – 17 Jul 2024 by RCBC Securities
After a failed double bottom formation, SMPH’s share price continued to decline, reaching a 4-year low of 25.70.
Technicals Talk: International Container Terminal Services, Inc. (ICT) – 17 Jul 2024 by Regina Capital Development Corp.
ICT is currently trading within a range of 347.40 to 370.45.
Technicals Talk: SM Prime Holdings, Inc. (SMPH) – 17 Jul 2024 by Regina Capital Development Corp.
SMPH stocks are currently trading within a range of 28.30-30.20.
Technicals Talk: Aboitiz Equity Ventures, Inc. (AEV) – 17 Jul 2024 by Regina Capital Development Corp.
AEV stocks are currently bearish but mildly consolidating near the 50-MA line as we see an uptick in momentum with RSI at 45.78.
PSE Market Outlook (17 Jul 2024) by Regina Capital Development Corp.
The index closed yesterday at 6667.09 (-0.33%) trading comfortably bullish above its 100-MA resistance region.
Stock Picks for the week (July 15-19, 2024) by First Metro Securities
Our stock picks for the week
PSE Market Outlook (15 Jul 2024) by First Metro Securities
The PSEi sustained its ascent, gaining by +2.39% w/w to close at 6,648.23pts.
Technicals Talk: Globe Telecom, Inc. (GLO) – 12 Jul 2024 by Regina Capital Development Corp.
GLO is currently trading within the range 2045-2153, with the stock’s price above its key historical price levels.
Technicals Talk: BDO Unibank (BDO) – 12 Jul 2024 by Regina Capital Development Corp.
BDO is currently trading within the range of 137.00-140.80, with the stock’s price rallying above the 50-MA and 100-MA lines.
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