San Miguel Corporation (SMC) owns a wide range of popular beverage brands and products that extends from beer to hard liquor, soft drinks, bottled water, powdered juice and juice drinks. The Company’s food operations involve poultry and livestock operations, the production and marketing of fresh, ready-to-cook and processed meats as well as milk, butter, cheese, margarine, ice cream, flour and flour-based products, snack foods, coffee, cooking oil, and animal and aquatic feeds.
Sector: Holding Firms
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We now upgrade our outlook on San Miguel Corp. (SMC) from
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Yesterday was a volatile session for SMC as it whipsawed bet…
SMC broke above the 50-day EMA (PHP 105.11) last week to clo…
Inverse head and shoulder pattern.
Stochastics is overbought.
Given the stock's low volatility and sliding buying pressure…
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