Commentary: PSEi has given up all gains this year
Here’s a commentary on an important issue or event affecting the stock market
Stock in Focus: RL Commercial REIT (RCR) – 17 Apr 2024 by AP Securities
Our Target Price and recommendation for this stock is
Stock in Focus: Wilcon Depot (WLCON) – 17 Apr 2024 by AP Securities
Our recommendation and 1-year Target Price for this stock is
Stock in Focus: Monde Nissin Corp. (MONDE) – 17 Apr 2024 by Regina Capital Development Corp.
Our Target Price and recommendation for this stock is
Stock in Focus: Century Pacific Foods, Inc. (CNPF) – 17 Apr 2024 by Regina Capital Development Corp.
Our recommendation and 1-year Target Price for this stock is
Stock in Focus: Manila Electric Co. – Meralco (MER) – 17 Apr 2024 by Regina Capital Development Corp.
Our recommendation and 1-year Target Price for this stock is
Stock in Focus: Jollibee Foods Corp. (JFC) – 17 Apr 2024 by RCBC Securities
Our recommendation and 1-year Target Price for this stock is
Technicals Talk: ACEN Corp. (ACEN) – 17 Apr 2024 by Regina Capital Development Corp.
ACEN is currently seeing strong selling pressure trading in the 3.28-4.41 range, with price gradually dropping to levels drastically lower than that of recent years.
Technicals Talk: International Container Terminal Services, Inc. (ICT) – 17 Apr 2024 by Regina Capital Development Corp.
After Monday’s price decline, ICT kicked off Tuesday’s trading session with a notable gap down, further pushing the RSI into bearish territory.
Technicals Talk: Metropolitan Bank and Trust Company (MBT) – 17 Apr 2024 by Regina Capital Development Corp.
The stock is pushing pre-pandemic resistance levels, trading within support levels in the 56.60-71.60 range with prices going up.
Technicals Talk: Jollibee Foods Corp. (JFC) – 17 Apr 2024 by Regina Capital Development Corp.
Following Monday’s bearish marubozu candlestick, the bears have managed to push JFC into the oversold territory.
PSE Market Outlook (17 Apr 2024) by Regina Capital Development Corp.
The index’s standing decreased by -10.57% in less than 2 weeks, indicating rapid and substantial losses trading now within the 6404.97 to 7082.02 range.
Technicals Talk: Manila Water Company (MWC) – 15 Apr 2024 by AP Securities
Price above 200EMA.
PSE Market Outlook (15 Apr 2024) by First Metro Securities
If the bulls dominate, the PSEi could once again retest next resistance levels around 6,700 and 6,800.
PSE Market Outlook (15 Apr 2024) by 2TradeAsia
Market participants will monitor continuity of Friday’s supply pressure, especially with softer gauges from Wall Street & crude’s ascent as a result of geopolitical headlines.
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