{"id":320640,"date":"2023-01-09T05:04:00","date_gmt":"2023-01-08T21:04:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=320640"},"modified":"2023-01-09T09:13:24","modified_gmt":"2023-01-09T01:13:24","slug":"pse-market-outlook-9-jan-2023-by-first-metro-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-9-jan-2023-by-first-metro-securities\/","title":{"rendered":"PSE Market Outlook (9 Jan 2023) by First Metro Securities"},"content":{"rendered":"\n<figure class=\"gb-block-image gb-block-image-ce3347e7\"><img loading=\"lazy\" decoding=\"async\" width=\"2824\" height=\"1080\" class=\"gb-image gb-image-ce3347e7\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/01\/Screen-Shot-2023-01-09-at-9.11.33-AM.png\" alt=\"\" title=\"Screen Shot 2023-01-09 at 9.11.33 AM\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/01\/Screen-Shot-2023-01-09-at-9.11.33-AM.png 2824w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/01\/Screen-Shot-2023-01-09-at-9.11.33-AM-1024x392.png 1024w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/01\/Screen-Shot-2023-01-09-at-9.11.33-AM-768x294.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/01\/Screen-Shot-2023-01-09-at-9.11.33-AM-1536x587.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/01\/Screen-Shot-2023-01-09-at-9.11.33-AM-2048x783.png 2048w\" sizes=\"auto, (max-width: 2824px) 100vw, 2824px\" \/><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Today\u2019s PSEi Outlook<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Outlook on<\/strong><\/td><td>Philippine Stock Exchange index (PSEi)<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>First Metro Securities<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>9 Jan 2023<\/td><\/tr><tr><td><strong>PSEi Support<\/strong><\/td><td>6,600 \/ 6,400<\/td><\/tr><tr><td><strong>PSEi Resistance<\/strong><\/td><td>6,800<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Last week, the PSEi broke above 6,600. <\/p>\n\n\n\n<p>MACD confirms the bullish momentum with the MACD line above both the trading and signal lines. <\/p>\n\n\n\n<p>However, the 6,800 level once again acted as a resistance with the market quickly pulling back to the 6,600 level. <\/p>\n\n\n\n<p>On a positive note, sharp correction last Friday provides long- term investors enough room to accumulate. <\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Recommendation<\/h2>\n\n\n\n<p>Gradually accumulate at current levels. Buy more once the PSEi breaks above 6,800. Set Stop Limit orders below 6,300.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>However, the 6,800 level once again acted as a resistance with the market quickly pulling back to the 6,600 level. <\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-320640","post","type-post","status-publish","format-standard","hentry","category-market-outlook","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=320640"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320640\/revisions"}],"predecessor-version":[{"id":320643,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/320640\/revisions\/320643"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=320640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=320640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=320640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}