Technicals Talk: Nickel Asia Corp. (NIKL) – 8 May 2024 by Regina Capital Development Corp.
NIKL is currently exhibiting signs of bullish momentum.
NIKL is currently exhibiting signs of bullish momentum.
The local bourse was rejected below 100-MA after it tried to break it last Monday.
Aprilās inflation print (3.8% vs. Marchās 3.7%), would bring the four-month average to 3.425%, compared to prior yearās 7.875%.
Expect choppy sessions, ahead of Aprilās inflation announcement as well as latest headlines in the Middle East ceasefire talks.
Breakout of 20EMA trail.
100EMA trail breakout.
The PSEi inched lower by -0.23% w-o-w to close at 6,615.5.
Sentiment might take its cue from Wall Streetās incline Friday (DJIA +1.18%, Nasdaq Comp. +2%), as Fed rate cut prospect resurfaces.
We maintain our Target Price and recommendation for DMC at
Our Target Price and recommendation for this stock is
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
Our Target Price for ICT is
We maintain our Target Price and recommendation for DMC at
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